Dogecoin (DOGE) staged a spectacular turnaround today, violently breaking through the $0.1700 mark against the dollar, with a daily increase of over 15%, completely igniting market FOMO! With the support of Bitcoin and Ethereum, DOGE bulls surged like wild horses, briefly soaring to a high of $0.1852, setting a new annual high for 2025!
$0.1650 becomes the 'golden bottom'?
Although the DOGE/USD hourly chart briefly fell below the $0.1760 trendline support (data source: Kraken), the price was supported by frantic bottom-fishing funds around $0.1705, and the 100-hour moving average has become a stronghold for bulls! The current key battle focuses on:
Bullish nuclear-level target: If it breaks through the $0.1800 resistance zone, DOGE will enter 'infinite upward mode'; $0.1850 is just a stopover, while the psychological barrier of $0.20 may become history within a week!
The last line of defense for bears: If it loses the $0.1650 support, the market may trigger 'panic selling', but analysts exclaim: 'Any pullback is a bottom-fishing opportunity! The Dogecoin community's faith is harder than diamonds!'
Correction or crash? The Wolf of Wall Street has already bet! After a brief pullback to $0.1720, DOGE chain data reveals that giant whale addresses are frantically accumulating, with the 50% Fibonacci retracement level ($0.1705) becoming the lifeline for bulls and bears.
Technical indicators show: MACD momentum has slowed, but the 'golden cross' hides a mystery! RSI is below 50 but shows bullish divergence; the main players may be brewing a 'violent pull-up trap'!
As Musk tweeted again, 'D is for Destiny', the Dogecoin community erupted, with $0.20 becoming a consensus target. Traders even declared: 'In 2025, DOGE will replicate the 2021 myth; $1 is not a dream!'
Surge scenario: Breaking through $0.1850 → $0.1920 → $0.20 (epic FOMO)
Crash scenario: Falling below $0.1650 → $0.1550 (but may be instantly bought up by 'dog devotees')
Key levels quick note: Support level $0.1705 (lifeline), $0.1650 (golden bottom). Resistance level $0.1800 (breakthrough = takeoff), $0.1850 (historical high pressure)
Tonight, all eyes are on DOGE—either witness history or become history!
