Dogecoin is standing on the edge of a cliff, $0.168 is both a lifeline and a fuse!

News aspect: ETF and on-chain currents stirring

  1. Key moment for ETF: The probability of approval for the U.S. spot Dogecoin ETF has risen to 64%. If 21Shares' application is approved, it will trigger institutional funds to enter the market, becoming the biggest catalyst for DOGE's breakthrough.

  2. Whales quietly accumulating: On-chain data shows that $31.4 million worth of DOGE has flowed out of exchanges in the past 48 hours, suggesting that large funds are accumulating at low levels, building momentum for a rebound.

  3. Market sentiment is divided: Although long-term holders are starting to transfer tokens, the MVRV indicator shows that DOGE is severely undervalued, with a surge in the probability of a rebound from oversold conditions.

Technical aspect: The final battle at the triangle's end at the $0.168 defense line

  1. Symmetrical triangle closing battle:

    • Support at $0.168: April market bottom + dual support at the lower track of the symmetrical triangle, three historical touches have all triggered reversals.

    • Resistance at $0.20-0.22: Breaking through this area will open up a 60% increase potential, aiming directly at $0.35-0.38.

  2. MACD hides secrets:

    • Four-hour chart cash crossover signal, but the daily line remains in a death cross zone, the battle between bulls and bears is heating up.

  3. Volume warning:
    Trading volume shrank by 15%, yet the price hasn't made a new low —It can't drop any further!Characteristics are evident on the eve of a trend reversal.

Countdown to ETF ruling + imminent triangle breakout — the rocket engine for Dogecoin has already ignited, will you board or just watch?


Focus on D, enjoy first-hand information! Professional perspective dissects trends, bringing you one step closer to asset appreciation.$DOGE #X超级应用转型