Breaking! The feud between Trump and Musk escalates! 95 million Dogecoins unlocked! Countdown to a crash?
Key Point: $0.17 determines the outcome!
Dogecoin is now stuck at the $0.17 line. I think in July it will either surge 58% to $0.266 or plunge to the abyss at $0.12. If it breaks the support at $0.1599, it will definitely trigger a crash chain! We must keep a close eye on this level.
News Risk: Trump and Musk are at each other's throats, plus a massive token unlock!
Trump just criticized Tesla's subsidies again, and Musk directly shouted, "cut it all off." The fallout between these two big shots is the fuse. Last June, it caused Dogecoin to drop 13% in a single day. I dare say political risk is now the biggest threat—big shots going crazy, retail investors crying! There's also a big bombshell: This week, tokens like SOL and Dogecoin worth $484 million are being unlocked, with Dogecoin accounting for 95 million of those. Although the proportion is not large, market panic is intense, and celebrity troubles combined with unlocks will definitely trigger a stampede!
Market Sentiment: Suffocating anxiety, long and short positions at a standstill like waiting to die!
The community is in a panic, both long and short positions are stuck around $0.16, retail investors are playing dead, and big funds have also remained inactive. During this quiet period, I feel like it's the calm before the storm, ready to shift at any moment!
Technical Analysis: Indicators are all falsified, signals are ridiculously fake!
The 1-hour Bollinger Bands are as narrow as a razor blade, with prices pressed against the lower band and unable to break through the middle band—this is extremely oppressive and absolutely indicates a major shift. The MACD golden cross is completely a trap, the energy bars are as thin as tobacco, purely a lure for buyers! I believe the whales are about to catch their prey.
Practical Strategy: Either cut losses or chase a breakout!
My suggestion: Before confirming the direction at $0.17, immediately set a stop-loss order, such as holding at $0.1599, and run if it breaks. Don’t be greedy; it's better to earn less than to blow up your account! Only follow in after it stabilizes at $0.1700 and chase the rise for a profit.
Future Prediction: July has no middle ground, only hell or heaven!
In the short term (48 hours), if it can't break through the $0.162 middle band pressure, it will definitely test $0.156 downwards. The script for July is that simple: break $0.1599 and there will be blood flowing in the streets, hitting $0.12; rise to $0.1700 and it will soar, gaining 58% towards $0.266!
You can purchase at this address: 0x1E56AB77c7f04c3226707f54E8916ADB63b2B2fA
