DOGE oscillation enters life-and-death turning point after 12 hours! Musk's "Twitter prophecy" may ignite a 30% market movement? Technical and news analysis!!!
Dogecoin has oscillated for 12 hours, and the turning point has arrived!
Today, DOGE completed its 13th oscillation in the range of $0.215-$0.226, with the 1-hour candlestick showing a standard rectangular consolidation pattern. From a technical perspective, the MACD is about to golden cross, the RSI is gaining strength in the neutral zone, and the moving average system is shifting from consolidation to a slight upward trend, opening the window for a turning point!
Triple catalysts from news may become the trigger for a breakout.
Musk's "Twitter mysticism" resurfaces.
Although there were no new actions today, historical data shows: every 3 mentions of DOGE by Musk typically trigger a volatility of over 10%. Last week, his like on the tweet "Dogecoin payment for Tesla" is still seen by the market as a long-term positive signal.
The entire crypto market is under pressure.
Bitcoin ETF saw a net outflow of $312 million in one day, Ethereum dropped below $270, but DOGE rose 2.4% against the trend, highlighting its safe-haven attributes, which may attract short-term capital for bottom fishing.
Regulatory benefits are quietly emerging.
The implementation of Hong Kong's "Stablecoin Regulation" encourages institutional funds to enter the market. As the leading Meme coin, DOGE may become a speculative target for retail investors against the wave of "regulatory compliance."
Key levels and operational strategy.
Upward signal: If it breaks the resistance level of $0.226, it may replicate last week's 30% surge of SHIB, targeting $0.25. Defensive warning: If it falls below the support level of $0.215, beware of the "false breakout" trap, with the second support below at $0.207.
Exclusive view from Te Ge:
DOGE is currently in a golden cross of the "news vacuum period + technical critical point." Although lacking direct positive news, the nature of Meme coins makes them easily driven by sentiment. It is recommended to take light positions to bet on a breakout, with a stop-loss set at $0.21, targeting the range of $0.24-$0.25.
Risk warning:
The US unemployment claims data will be released tonight, and if it signals a "hawkish" tone, it may trigger a market-wide correction. DOGE needs to break through the resistance to form an independent market; otherwise, it will oscillate with the overall market.
Te Ge's sickle is faster than the dog dealer's! Follow me, and I will teach you how to counter-trade the market! #DOGE #加密市场回调
Dogecoin has oscillated for 12 hours, and the turning point has arrived!
Today, DOGE completed its 13th oscillation in the range of $0.215-$0.226, with the 1-hour candlestick showing a standard rectangular consolidation pattern. From a technical perspective, the MACD is about to golden cross, the RSI is gaining strength in the neutral zone, and the moving average system is shifting from consolidation to a slight upward trend, opening the window for a turning point!
Triple catalysts from news may become the trigger for a breakout.
Musk's "Twitter mysticism" resurfaces.
Although there were no new actions today, historical data shows: every 3 mentions of DOGE by Musk typically trigger a volatility of over 10%. Last week, his like on the tweet "Dogecoin payment for Tesla" is still seen by the market as a long-term positive signal.
The entire crypto market is under pressure.
Bitcoin ETF saw a net outflow of $312 million in one day, Ethereum dropped below $270, but DOGE rose 2.4% against the trend, highlighting its safe-haven attributes, which may attract short-term capital for bottom fishing.
Regulatory benefits are quietly emerging.
The implementation of Hong Kong's "Stablecoin Regulation" encourages institutional funds to enter the market. As the leading Meme coin, DOGE may become a speculative target for retail investors against the wave of "regulatory compliance."
Key levels and operational strategy.
Upward signal: If it breaks the resistance level of $0.226, it may replicate last week's 30% surge of SHIB, targeting $0.25. Defensive warning: If it falls below the support level of $0.215, beware of the "false breakout" trap, with the second support below at $0.207.
Exclusive view from Te Ge:
DOGE is currently in a golden cross of the "news vacuum period + technical critical point." Although lacking direct positive news, the nature of Meme coins makes them easily driven by sentiment. It is recommended to take light positions to bet on a breakout, with a stop-loss set at $0.21, targeting the range of $0.24-$0.25.
Risk warning:
The US unemployment claims data will be released tonight, and if it signals a "hawkish" tone, it may trigger a market-wide correction. DOGE needs to break through the resistance to form an independent market; otherwise, it will oscillate with the overall market.
Te Ge's sickle is faster than the dog dealer's! Follow me, and I will teach you how to counter-trade the market! #DOGE #加密市场回调
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