1.55 billion whale ammunition loaded! Dogecoin faces nuclear-level selling pressure of $DOGE tonight
1. The lifeline is at $0.17! Want a rebound in the short term? Then today's daily closing must firmly stand above $0.17. This is the only technical signal that gives me a glimmer of hope.
2. Whales are the real threat! What is most frightening now is that large holder transferring 155 million DOGE into Robinhood. This operation is clearly preparing to dump, and the risk is extremely high. If he takes action, the price will definitely drop.
3. The rise feels a bit hollow. Although the price surged by 7%-12%, the trading volume actually dropped by 10%. The price is racing but running out of fuel, and I worry this upward momentum can't hold.
4. Geopolitical risks are a bomb. The chaos in the Middle East can kick DOGE around like a ball, and with market sentiment unstable, it will shake along with it.
5. The technical aspect is still under pressure. The price is trapped in a downward channel, and right now it's just touching the upper boundary of the channel and the $0.165 resistance level. If it can't break through, it will have to continue to fall back.
Summary view: Turnaround? I think it’s unlikely!
Current situation:
Good news: Someone withdrew DOGE worth over $18 million from the exchange to hold.
Bad news is bigger: Whales are clearly looking to offload, the rise lacks support from market sentiment, international situations could ignite at any moment, and technical pressure is immense.
Victory Brother's suggestion:
Is it safe to buy at the current price? The risk is too high! Whales are hovering above, and there’s no following sentiment for the rise, so it’s easy to get trapped now.
Be patient and wait for it to truly break through and stabilize at $0.17. Before that, hold your hands and watch the show! Keep a close eye on whale movements and international news. Before a breakthrough and stabilization, don’t act rashly.
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