⚠️ Dogecoin on the Edge — Is a Brutal June Selloff Coming?
With May coming to a close, the Dogecoin price may finish its second month in the green. This was a pleasant surprise after a month of market decline. The worst month for Dogecoin since its launch is coming up, with more red closures than green.
The Dogecoin price has been awful in June for most of the previous 11 years. Dogecoin has only finished June in the green twice in well over a decade, and it was when it was a new cryptocurrency.
The only years Dogecoin finished June in the green were 2015 and 2016, according to CryptoRank. Before that, Dogecoin lost 21.4% in June 2014, and after 2016, it lost every June.
Dogecoin has always finished June in the red from 2017 until 2024. June 2017 concluded in -2.38%, June 2018 in 27.2%, June 2019 in -4.36%, June 2020 in -9.94%, June 2021 in -23.9%, 2022 in -23.3%, 2023 in -7.18%, and 2024 in -21.9%.
June Dogecoin Price Source: CryptoRank
The data reveals that Dogecoin has lost in June even in bullish years. Based on this tendency, Dogecoin should tumble in the coming month. Meme coin may decrease because to its poorest month ever, which averaged -7.34%.
According to CoinCodex's machine learning system, June may deviate from its trend. It first predicts a drop below $0.22. It should improve later this month.
The one-month estimate puts Dogecoin reaching $0.26, up #17.67% from the current price. The meme currency rises 20% to $0.28 at month's end according to the machine learning algorithm.
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✅$WCT /USDT Technical Analysis (4H Chart)
🔹 Current Price: $1.0545
Change: +18.07% (strong intraday bullish move)
24H Range: $0.8795 – $1.1161
Trend: Strong bullish continuation
🔍 Indicators Analysis
📈 Price Action
New high at $1.1161, with only slight pullback ➜ momentum intact
Structure shows higher highs and higher lows
No signs of exhaustion yet trend continuation likely
📊 MACD
MACD Line (Yellow): 0.0968
Signal Line (Purple): 0.0796
Histogram: Still positive, although slightly flattening
✅ Indicates continued strength but watch for a potential slowdown soon if momentum doesn’t increase
🟩 Volume
Volume spiked heavily on the recent breakout
Healthy follow-up volume bars, no major sell-off ➜ Buyers are in control
📉 Moving Averages
MA(5) > MA(10) ➜ Short-term trend is intact
Both are trending upward, supporting further upside
🧠 Conclusion: BULLISH
All indicators and price structure support the continuation of this bullish trend in the short to medium term.
📌 Trade Signal LONG Setup
🟢 Entry Zone:
$1.03 – $1.06 (ideal re-entry on minor dip or current breakout continuation)
🎯 Targets:
TP1: $1.12 (recent high)
TP2: $1.18 (extension target)
TP3: $1.25 (if momentum remains strong)
🔻 Stop Loss:
$0.975 (below last major support & SAR)
🧱 Risk-to-Reward:
Approx. 1:2.5 R/R
📣 Pro Tips:
Consider partial profit booking at TP1 and TP2.
If volume declines and MACD histogram turns negative, watch for trend exhaustion.
Use DCA entries on minor pullbacks for reduced risk.
Buy And Take Profit $WCT
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