📉 #DOGE – The Rollercoaster Continues! 🐕
🚨 Dogecoin’s downtrend is screaming “June blues” – it’s slumped about 12% this month, hovering near $0.16–$0.17 .
🧭 What’s Fueling the Dip:
Bearish patterns: Descending triangles and bear flags suggest a potential drop to $0.10–$0.15 .
Profit-taking surge: Dormant wallets woke up and cashed out—a selloff pressure brewed .
Musk-Trump drama: Elon and Trump’s public feud shook sentiment, including for DOGE, lately dipping about 12% in a week .
🛡️ But Wait—There’s Hope:
Bullish wedge setup: Auto-analysts spot a falling wedge pattern, hinting at a bounce if DOGE clears $0.17–$0.17.5 .
Institutional interest: Big transfer ($20M to Coinbase) and some whales are quietly stacking .
Golden cross on deck: 20-day EMA may cross above 50-day EMA soon—classic bullish cue .
🎯 The Scenarios:
Scenario Trigger Target Range
Bear Break below $0.15–$0.16 $0.10–$0.13
Base Hold/hug current levels $0.17–$0.20
Bull Break wedge + golden cross $0.20–$0.26+
💥 Final Thoughts:
DOGE is in meme‑coin mayhem—painful downturn, but accumulation signs and technical setups hint at V‑shaped recovery potential. Will it retest $0.10, or rally toward $0.20+? That’s the million‑doge question! 🤔
👉 Pro Tip: For the brave, a small entry near $0.16–$0.17 could offer a high risk/reward swing. But remember: memes burn bright and fast—never bet more than you can afford to lose.
🗣️ Your move, Doge fam: Hold, buy more, or bail? Let the chaotic council decide! 🌪️
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