$DOGE Cruel Reality: A Bounce is a Trap, Illusions Will Be Cut!
Don't believe in the false bounce of Dogecoin! The bears are in control, and the trend is already weak. Any rise along the way is like bait, specifically targeting those who are hopeful. The weekly downtrend remains unchanged, and there are no signs of a bottom this week; the support below may not be reliable.
After a long decline on the daily chart, there are finally some signs of a bounce. In the short term, there will be fluctuations, and then there may be a rebound. But remember: don’t dream of breaking previous highs or reaching $1 as soon as it rises! The Dogecoin ETF is more like a lure to attract buyers!
I understand the feelings of those stuck at high prices hoping to break free. But the market is ruthless! A significant drop naturally leads to a rebound, which is normal. The key is to recognize the essence: the major trend of Dogecoin may have come to an end! After reaching a peak, no matter how strong the rebound is, it's hard to create new highs!
If you can't see this point, will you just wait foolishly for it to “rise to the break-even price”? The result is often: not only do you miss the opportunity to escape the rebound, but you also miss out on other potential coins! Trading decisions should rely on market analysis, not feelings and prayers!
Even if it does rise after you are stuck, you must be able to judge when the rebound ends and run immediately! The most fatal thing is: you’ve already made a wrong entry but refuse to admit it, and you still rely on guessing for the next trade!
Too many people were deeply trapped in the last round because they didn’t understand how to escape at the top. Now they still can’t judge the highs and lows, only shouting “this time I will run faster”. Is it useful? Many coins have already peaked; how many are still holding on? Clearly stuck again, but still fantasizing about “running faster next time”? Without fundamentally changing your mindset, you are destined to be harvested forever!
For the next layout direction, I will lead everyone to aim for the lucrative opportunities in altcoins, expecting a space of over 10 times is not a problem. Like + leave a message, and I will take you to layout the entire bull market!
