🐕🦺 Dogecoin #DOGE broke below $0.23 today, down 16% for the week, but don't panic! The technicals still point to a 'bullish pennant' breakout zone, this could be a false drop, and a rebound could explode at any moment! 🚀
📊 Although trading volume has slightly decreased, the daily average trading volume of $3.4 billion is still skyrocketing by 500%, and the main funds haven't withdrawn; the hidden positioning is evident!
📈 Since hitting the bottom last October, Dogecoin has been in a 'Livermore Cylinder' bullish pattern, which is a classic signal that Bitcoin and Ethereum have previously exploded by a hundred times! Once it breaks out, $1.50 is just the starting point, and $10 is not a dream!
🤑 In the past 48 hours, a mysterious big player has bought 1.08 billion Dogecoins (about $250 million), and trading volume surged by 77%. The funds are signaling with their actions that $0.23 is a golden pit!
📅 Time node predictions:
End of July: rebound to fill the gap at $0.25
Mid-August: challenge the key resistance level of $0.31
Q4: continue to push forward, challenging $1.50 or even higher!
Don't be scared by the short-term decline; large whales are bottom-fishing + technicals are bullish + trading volume is surging. This could be the last buying opportunity for Dogecoin this year! 🐶🔥