DOGE 8.25 Midnight Chat Edition
At this moment, DOGE is hovering around 0.234. Last night, it tried to break through 0.24, but the 23.6% Fibonacci retracement level at 0.239 blocked it like a security gate, causing it to turn back to 0.235, with trading volume shrinking — a typical case of 'unable to push up, let's just lie flat'.
4h MACD: The red bars are getting shorter, and the bullish momentum is nearing the bottom.
1h RSI: Around 56, neither overbought nor oversold, focusing on a 'Zen' approach.
ADX: Only 15, the trend is as weak as if it hasn't woken up, continuing to fluctuate is the norm.
Good news: In August, whales have secretly accumulated 680 million DOGE (≈160 million USD), with the cost zone around 0.21–0.22, effectively cushioning the price.
Bad news: In the past 48 hours, there has been a net outflow of 150 million DOGE from exchanges, indicating that someone is hoarding, but no one is in a hurry to pump the price, and the market continues to 'drag on'.
5 How to slack off at midnight
Zen faction: Turn off the phone and sleep
Operation Guide: Short at 0.230–0.232, target 0.238–0.242, stop loss at 0.228.
Summary in one sentence
The dog doesn’t party at midnight, just dozes off at 0.23; set a stop loss and don’t get carried away, decide whether to chase after it gets light.
