#币安Alpha上新 ##币安钱包TGE In-depth technical analysis.
1. The formation of a triangular consolidation.
Moving average convergence: In the 1-hour chart, MA(7) and MA(30) are almost overlapping (0.1558 vs 0.15902), with prices oscillating narrowly between 0.164 and 0.167, intensifying the competition between bulls and bears.
MACD dormant signal: DIFF and DEA entangled at the zero axis, with red and green bars alternating, energy waves have yet to form unilateral volume, indicating a change in trend is imminent.
Key defensive line: If it breaks through the previous high of 0.1674 with volume, it is expected to hit the psychological barrier of 0.17; if it falls below the support of 0.1642, it may test the 0.161 level.
2. Underlying capital flows are surging.
A trading volume of 25.73 million shows activity, but a net outflow of 770,000 exposes short-term selling pressure, with the main players still on the sidelines.
In the order book data, 300,000 DOGE level buy orders are densely appearing around 0.1654, forming a protective position, caution is needed against large orders breaking through.
News-driven catalyst prediction.
1. Countdown to the Musk effect.
Whether Tesla resumes DOGE payments and the integration progress of X platform (formerly Twitter) will become the strongest catalyst. Historical data shows that a single tweet from Musk once triggered a 90% increase in DOGE in one day.
2. Ecological breakout battle.
Payment application BitPay added DOGE support last month, with the offline merchant integration rate increasing by 34%. If more collaborations are announced in Q3 (such as AMC theaters expanding trials), it will overturn the perception of 'joke coins'.
Competitor SHIB's chain game ecosystem explosion forces DOGE to accelerate the implementation of practical scenarios, with the foundation's development progress being the key to victory or defeat.
Macroeconomic variables.
The expectation for the Federal Reserve to cut interest rates in September is rising. If BTC hits $120,000, the MEME sector may see a bloodsucking market. As the largest MEME coin by market cap, DOGE will become the first choice for speculative funds.
When the technical aspect narrows to the limit, the sparks from the news front can ignite the prairie. Remember: what is locked in the dog collar is not just a joke, but also the consensus scepter of retail investors and whales.
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