Musk and Trump tearing off DOGE's last pair of pants
Whales are waiting for retail investors to cut their losses!
News aspect:
Big shots fighting
Dogecoin is suffering
Musk vs Trump nuclear explosion: On June 5, Musk angrily criticized Trump's fiscal bill as a 'disgusting monster', Trump retaliated by threatening to cancel Musk's government contracts, the two major backers turned against each other, and DOGE plummeted 7% in a single day!
Faith collapse: A tweet from Musk used to make DOGE surge by 30%, but now he has stopped mentioning it, community search volume has plummeted by 70%, and trading volume has shrunk by 40% — ** meme coins without hype = no oxygen!
Regulatory knife stab: If the US stablecoin bill (vote on June 17) passes, funds may flow into compliant tokens, further worsening DOGE's situation
Technical analysis: Death triangle has been locked in
Bollinger Bands: Opening downwards welded shut (upper band at 0.2069 pressing down, lower band at 0.1693 about to break), price crawling along the lower band → accelerating downward!
MACD: Death cross green bars extending (DIF 0.0026 < DEA 0.00288), bears fully pressing the gas
Death line: Short term: previous low at 0.1680, Mid term: iron bottom at 0.13
