$DOGE Major Changes! After the fluctuations, a new wave of challenges awaits!
Attention $DOGE holders! Are you looking forward to DOGE returning to its peak? The price has been hovering recently, experiencing fluctuations and consolidation for over a month.
Despite an active market, DOGE's market capitalization remains at $25.6 billion, with a daily trading volume of about $1.13 billion, but the price continues to face pressure, indicating strong selling intentions in the market. Recent false breakouts suggest that major funds are more inclined to distribute during rebounds rather than continuously buying.
Key support levels:
$0.18: If this level is breached, it may trigger a deeper correction.
$0.145: This is a support level that has been successfully tested multiple times in April and is worth monitoring.
Capital flow:
Whales continue to increase their holdings, but some large holders are selling at highs, indicating that the market is not yet fully aligned.
Operational advice: It is not advisable to operate blindly at this time. Focus on the resistance level of $0.183 and the support level of $0.165, as these key points will determine the future market trend.