5.15 Can DOGE hold on? A new round of opportunities may be opening!
Recently, DOGE has continued to weaken after being blocked near 0.25973, and the current price is fluctuating back to the 0.232 area. From a technical perspective, the bears are gradually gaining the initiative, and the short-term rebound is weak; the opportunity to establish short positions may have arrived!
Daily chart analysis
Trend structure: The recent high of 0.25973 could not be effectively broken, DOGE has shown multiple pullbacks after rising to high levels, indicating significant top pressure. Currently retreating below MA7 and MA30, short-term bearish.
Moving average system: MA7 (0.23499) and MA30 (0.23318) show signs of forming a dead cross;
The daily trend is bearish, top confirmed, the probability of weak fluctuations is higher.
Daily chart analysis
Trend structure: The recent high of 0.25973 could not be effectively broken, DOGE has shown multiple pullbacks after rising to high levels, indicating significant top pressure. Currently retreating below MA7 and MA30, short-term bearish.
Moving average system: MA7 (0.23499) and MA30 (0.23318) show signs of forming a dead cross;
The daily trend is bearish, top confirmed, the probability of weak fluctuations is higher.
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DOGE
0.22091
-5.33%
PEPE
0.00001311
-5.75%
TRX
0.2736
-1.22%