$DOGE Whale dumps 26 million dollars! DOGE card at 0.24 dollars high-altitude: Is Musk's silence a rescue or a harvesting signal?
The DOGE card plays 'high-altitude bungee' at 0.24 dollars, MACD death cross + whale dumping 26 million dollars - is Musk tweeting to rescue, or is the dog dealer sharpening their knives?
1. Technical Analysis: Three signals determine life and death!
1. MACD death cross but the bears are exhausted, DIF being pressed down by DEA, MACD bars shrinking below the zero line, bears control but momentum is fading. The bars have shrunk from -0.002, indicating the bear market is bottoming out! If DOGE stabilizes at 0.25 dollars, a rebound from overselling is imminent, but without a volume golden cross, bottom fishing is a gamble for your life!
2. Trading volume has plummeted, price is entirely supported by 'faith', actual trading volume is 280 million DOGE, compared to the 5-day/10-day average halved. If the dealer casually dumps 50 million DOGE, the price can crash 5%, retail investors simply can't bear it!
3. Moving averages suppress, price hanging will definitely crash, current price at 0.24 dollars, MA5 and MA10 are still lying flat at low levels, the gap between price and moving averages is even more outrageous than the bond between Musk and Dogecoin!
2. News - Three knives hanging above!
1. Whale clearly dumping: On-chain evidence shows an address transferred 1 billion DOGE to Binance, this amount is enough to make DOGE drop 6% in a single day;
2. Musk remains silent: The 'Godfather' of DOGE hasn't tweeted for a week, community faith collapses, funds flee madly to PEPE, BOME;
3. The market is dragging its feet: BTC stuck at 103,000 dollars, meme sector collectively lying dead, DOGE can't escape the decline.
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