Multiple key technical signals + on-chain big whales increasing positions, market sentiment begins to shift. Understand this article, and you'll know the next explosive point ahead of 90% of people 🚀
🧵 Let's break down how $DOGE will move next:
1/
Since the peak in July, DOGE has corrected by 20%↑, but recently has begun to show 'technical + on-chain' dual bullish signals.
This is not just casually calling for a bull market, it's a resonant signal from chart gods + big data analysis 📊
2/
📉【Technical Patterns】
The 4-hour chart forms a typical 'wedge convergence'
The upper resistance trend line + rising support line below are converging
If this wave holds, a strong rebound wave could follow 🔥
3/
📈【Key Indicator Signals Buy】
The chart god Ali points out that TD Sequential flashes a buy signal on the daily chart!
This type of nine red one green pattern = starting point of trend reversal (historically very accurate)
→ Right now!
4/
🐳【On-Chain Data】
Whales are buying big!
In just one day, 310 million DOGE were bought (about $70 million)
Combined trading volume synchronously increasing → this means the market is really positioning, and not just talk.
5/
📊【Technical Indicators Turning Warm】
RSI breaks the descending trend line
MACD nearing a golden cross
Bollinger Bands opening wider, volatility is about to increase
→ Bulls are gathering
6/
🎯【Key Price Levels】
Support: $0.21～0.22 (Wedge lower edge)
Resistance: $0.25 (Previous High, Double Bottom Neckline)
Once it breaks $0.25, there is a chance to measure up to $0.42 🚀
A bit stronger? Historical bull markets have surged directly to $0.7!
7/
🤔【Risk Scenario】
If it breaks below $0.21, it might retest the $0.17～$0.15 area
These are all historical support areas, observe if buying can hold up
So risk control still needs to be set, to avoid being thrown off!
8/
📌【Overall View】
Technical Analysis: Wedge, TD Indicator, MACD strengthening simultaneously
On-Chain: Whales increasing positions + ETF expectations warming up
Sentiment: Community heat rising, retail investors returning
→ Three aspects resonate, basic conditions for a short-term strong rebound are in place ✅
9/
📅 Timing?
Based on the end of the pattern estimation, the breakout could happen 'in the next few days'
Combined with macro (if BTC strengthens), $DOGE is very likely to 'hitch a ride' and directly activate
10/
Conclusion for the lazy:
🐶 Support holding strong
🐳 Whales keep buying
📈 Technical signals turn green
→ $DOGE has a chance to enter 'rebound + main upward phase'!
$DOGE is not just a meme; its community power + volatility allows it to explode in every round of bull markets 🔥
Will the next time be this time? Do you want to get on board?
📢 Not investment advice, the above is professional observation + data interpretation
Remember to do your homework, prioritize risk control.
