📈 Market Sentiment and Strategy Adjustment: Missing Out FOMO vs Potential Last Dip
🔥 Current Market Status
FOMO Sentiment Eruption:
Investors with cash are frantically buying BTC/ETH/SOL and other mainstream coins, with a surge in short-term buying but no sustainable capital inflow, and rebound volume has not significantly increased, beware of false breakouts
DOGE Key Position:
0.17-0.175 is a strong support zone (validated multiple times in December 2023 and April 2024). If it retests this area and stabilizes with reduced volume, it may be the best spot for entering the market
🛡️ Operating Strategy (Conservative Version)
📌 DOGE Spot Layout Plan
✅ Best Buying Range: $0.17-$0.175 (support level + historical accumulation zone)
✅ Additional Buying Conditions:
4-hour K-line stabilizes above 0.175 + volume increases by 20% and the market (BTC) does not experience a sharp drop (maintains 118000)
🚨 Stop-Loss Setting:
Falls below 0.165 (3% stop-loss space), wait for a lower position
🎯 Target Price:
Short-term: 0.19-0.20 (previous high pressure) Medium-term: 0.25-0.30 (if BTC breaks previous high, MEME coins may explode)
⚠️ Risk Warning
If BTC breaks 118000 again, DOGE may follow down to 0.15-0.16. MEME coins are highly volatile; position recommendation ≤5% to avoid leverage, buying low in spot is safer
🔍 Key Market Observation Points
Can BTC stabilize above 123000 (determines whether market sentiment reverses)? Large on-chain transactions of DOGE (>1 million DOGE transferred to exchanges = selling pressure risk) Market Fear Index (if extreme greed reappears, a pullback may occur)
🎯 Summary: Patiently wait for opportunities near 0.17
Do not chase highs! Current FOMO sentiment may induce buying; buy in batches near 0.17 with strict stop-loss. If BTC stabilizes, DOGE is expected to catch up
#DOGE #Bottom-fishingStrategy #MEMEcoins #BTCConnection
📅 Strategy valid until August 20, if target price is not reached, reassess
🔥 Remember: There are always opportunities in the market, do not be held hostage by FOMO sentiment! $DOGE