$DOGE Key Node! 0.17109 is the dividing line between bulls and bears. Large orders may trigger a market reversal.
Looking at this DOGE one-hour candlestick chart, today's DOGE trend is very critical.
Previously, it rose to 0.18112, encountered heavy selling pressure, and was directly pushed down.
Now the price is fluctuating around 0.17109, with the MA7 and MA30 lines also at this level, which is a support level.
This support level is very important; if it holds, DOGE has a chance to rise again;
If it doesn't hold, then it may drop down, possibly to 0.16381.
From the trading volume, there was previously a lot of chip trading, indicating that there are both bullish and bearish sentiments in the market. I think DOGE is at a turning point now, and we need to pay attention to large orders.
If there is significant capital coming in to buy, the main upward wave for DOGE may have hope.
If large orders continue to sell, it may experience short-term volatility and decline.
We need to operate flexibly, avoid blindly following the trend, and wait for the right timing to take action. The support point is around 0.17109, and the resistance point is the previous high at 0.18112.
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