Musk's old news can't save the fire! Giant whale $DOGE awakens and crashes the market, 0.185 is in imminent danger!
The horizontal Dog King is on edge, on-chain anomalies are a signal to ignite! The two-hour DOGE chart is currently playing out a life-and-death situation, combining the sudden news from early morning and on-chain evidence, three minutes to expose today's killing opportunity:
1. News nuclear bomb update!
1. Musk is silent: Old news about SpaceX's DOGE payment is being rehashed, but the Coinbase futures launch is true.
2. On-chain thunder: A sleeping whale address (starting with DH) transfers 120 million DOGE (about 3.4 million dollars) to Binance, completed in 3 transactions (a typical dumping method);
3. Long and short confrontation: Binance DOGE perpetual funding rate plummets to -0.03% (a signal for short positions to increase).
2. Technical analysis cuts to the chase!
1. Volume trap, current volume of 1.37 million is 30% lower than MA5 (1.96 million), the market maker is dormant.
Key clue: Estimated volume of 11.27 million hides the danger of a false breakout (current volume/estimated = 1:8.2)
2. Moving average strangulation formation, MA5 and MA10 suppress into a sandwich, death pattern: After 3 times this month where MA5 falls below MA10, the average drop is 7.8%.
3. MACD reversal countdown, DIF and DEA are close to the zero axis, MACD green bars have been amplifying for 5 periods (bearish accumulation is complete).
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