'Once Musk exits, DOGE's underwear is stripped bare - $0.16 has become a meat grinder for bulls and bears, with news hitting hard and technicals deadly!'

News aspect: Three knives hanging over the head

  1. Political black swan pierces confidence
    At the beginning of June, Musk resigned as the chief advisor of the 'Efficiency Department' in the Trump administration, leading to a direct explosion of DOGE's daily drop of 10% and a weekly plunge of 22%! The market suddenly woke up: without Musk's calls, the 'joke coin' halo of DOGE shattered into pieces. Community engagement plummeted by 70%, trading volume shrank by 40%, and the myth of a 30% surge from a single tweet is completely over.

  2. Regulatory knives are watching closely
    The U.S. Congress is brewing new regulations for DOGE transparency, requiring mandatory disclosure of large transactions. Whales are trembling - if compliance costs soar, the $20 million on-chain institutional entry signal might just be a flash in the pan.

  3. ETF redemption? Far water can't quench near thirst
    The 21Shares DOGE ETF application won't be decided until January 2026, and the Grayscale ETF is also stuck in the process. Institutional funds sound beautiful, but right now we can't even hold $0.16, waiting for the ETF to save us? The grass on the grave is already two meters high.

Technical Aspect: Is 0.16 a coffin board or a spring bed?

Current battle situation

Bollinger Bands: Closing in to suffocation! Prices are clinging to the lower track, with the mid-track pressing down to 0.18. Either a crash will blow it open, or a rebound will break through the sky.

MACD: Underwater death cross sticking to DIF: -0.00274, DEA: -0.00232. Bears are in control but not exerting pressure, bulls are lying flat pretending to be dead.

The Line of Life and Death

Holding at 0.158 = spring bed: 0.168 is the 'symmetrical triangle + four-year cup handle' double support, holding it can trigger a 350% surge to 0.75! But a volume breakout above the 0.195 neckline is needed.

Breaking 0.158 = coffin board: below is the 'gaping abyss', see 0.09! MACD death cross opening, RSI falling to 42, coffin nails are ready.

'Musk's exit is not the end of DOGE, but the beginning of de-bubbling'
$DOGE
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