1. Summary
$DOGE test historical support $0.222, RSI(6) 36.41 indicates a reversal.
- Current price: 0.22497 (-4.14% 24h)
- Catalyst: News of SpaceX accepting DOGE + accumulation by Elon Musk
- Buy on dip at $0.222–$0.225
2. Market Overview
Huge volume: 1.43B DOGE ($333.49M) traded in 24h, whale bought 200M DOGE (~$45M) at $0.223.
3. Technical Analysis
Trend: Strong decline but RSI(6) 36.41 (near oversold zone).
- Support: 0.22242 (24h low) → 0.22131 (MA99)
- Resistance: 0.23217 (MA7) → 0.24259 (24h peak)
- Signal: Volume decreased by 68% compared to MA(5)
4. Fundamental Analysis
- The Boring Company: Officially accepts DOGE for Loop service payments in Las Vegas
- SpaceX: Confirms using DOGE to purchase space travel tickets
- Tokenomics: Stable inflation (10K DOGE/minute)
#### 5. Sentiment Analysis
Fear & Greed Index: 28 (Fear), social volume increases after SpaceX news.
6. Action Strategy
- Entry: 0.222 - 0.225
- Stop-loss: 0.215 (below MA99)
- TP1: 0.232
- TP2: 0.242
- Early exit: If RSI >50 and the price does not bounce
