DOGE Turning Point Eve!
Three Funds' Secret War at the 0.18 Lifeline
When the Bollinger Band narrows to a needle
It's either a surge or a crash!
News: Three forces vying for DOGE
Trump's Rhetoric Ignites Volatility
Trump angrily criticized Federal Reserve Chairman Powell as Mr. Too Late, blaming the slow rate cuts for raising government borrowing costs. This statement directly triggered over 15% intraday volatility for DOGE, with the 0.18 mark becoming a meat grinder for long and short positions.
Musk's DOGE Department Encountering Obstacles
The government efficiency department (DOGE) he leads is prohibited from sharing sensitive data due to legal disputes, and key members have resigned. Although unrelated to the token, the name effect triggered panic selling in the market, with a weekly drop of 16%.
On-chain Underflow
Whales withdrew $4.77 million DOGE from exchanges to private wallets in 24 hours, setting a record for the highest daily accumulation this year! Meanwhile, the derivative long-short ratio rose to 1.01, with retail leverage buying surging.
Technical: Triangle convergence is about to explode
Bollinger Band Suffocation: Bandwidth narrowed to 0.0065, the narrowest in the past 10 days, countdown to the turning point has begun.
MACD Underwater Golden Cross: The fast line crosses above the slow line, green bars emerging, but until it stands above the zero axis, it's still a rebound, not a reversal.
Long-Short Lifeline: Current price 0.17815 is exactly at the midpoint of the June box, breaking through 0.1797 will open up the upward trend, losing 0.1765 may revisit the previous low of 0.173210.
Operation Summary: Three strategies to deal with the turning point storm
Support: Place a long order at 0.1765, stop loss at 0.1750, betting on a rebound;
Breaking Resistance: Increase volume and chase the rise if it breaks 0.1797, target 0.185;
Prevent Black Swan: Escalation of Middle East conflict or CPI exceeding expectations, immediately close positions to hedge!
