Dogecoin (DOGE) Today's Market Analysis: Key Support Level Under Test
"The rebound after a crash is often the most tempting, but also the most dangerous." - Dogecoin's intraday volatility reached 4.04%, plummeting from 0.00864 to 0.002783, with market sentiment deteriorating sharply.
Actual highest price 0.00864 → lowest 0.00573 → closing 0.00278
BOLL indicator adjustment: middle track 0.00275, lower track 0.00359
MACD adjustment: DIF 0.0049, DEA 0.0010
Technical Analysis:
Price has broken below the middle track at 0.00275, testing the key support at 0.00359
MACD bullish momentum weakening (DIF 0.0049 > DEA 0.0010)
Capital situation: main net outflow of 46%, turnover rate only 1.09%
Operational Advice
Short-term: Stabilize above 0.00359 to try a small long position, target 0.0085; if it breaks, then look at 0.0027
Medium to long-term: Wait for MACD golden cross or stabilization at the middle track
Risk Warning
Volatility is extremely high, single position ≤ 5%
Key Focus:
Validity of the 0.00359 support, Elon Musk's updates
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Focus for today: NXPC PEOPLE ETH BTC