Dogecoin is fiercely battling at the 0.2099 threshold! In just a few hours, the price has been like a 'spring' compressed to its limit, with a one-sided market potentially ready to explode at any moment!

Key focus on the defense battle at 0.2080-0.2100 has begun, with the current price hovering right at the core support zone of 0.2080-0.2100, which is the 'cliff edge' of the bulls and bears showdown:

Once lost, the 0.2050 Fibonacci key level will be the first to be breached; the 0.2000 psychological barrier is likely to be unable to hold; if the market becomes extreme, the 0.1880 historical low may face a test.

1. Technical Analysis:

MACD: The green bars on the hourly chart continue to shrink, and the bearish momentum is about to exhaust;

RSI: The 38-42 range is nearing oversold, and the rebound 'fuse' is already in place;

2. Pattern Alert: The symmetrical converging triangle is nearing its end, and a breakout is expected to bring about 40% violent volatility, with bulls and bears secretly finalizing their direction.

Giant whales + leverage + policy triple risks hide deadly traps!

3. News: On August 25, 900 million DOGE was dumped on Binance, triggering panic selling, but during the same period, whale addresses bought back 680 million coins, revealing long-term layout ambitions;

The total open contracts for altcoin futures reached 61.7 billion USD, with high leverage 'bombs' ready to trigger a series of liquidations at any moment;

The Federal Reserve tightening policies suppresses risk assets, leading to a sharp decline in DOGE speculation heat.

4. Operational Strategy:

A light position can be taken for longs in the 0.20700-0.21100 range, strictly maintaining the stop-loss line at 0.2050!

First target: 0.21500

Second target: 0.22300 (partial profit-taking can occur upon reaching this level)