$DOGE
Dogecoin life-and-death line showdown! A melee at the 0.168U threshold
Dogecoin is following the market down, now stuck at the 0.168U life-and-death line, which was the golden defense zone that held up against three crashes last year. The EMA20 yellow line is pressing down, but the volume shows that some old dogs are quietly accumulating.
Battle Strategy
Iron-headed faction: Go all in at the current price of 0.168U, set stop-loss at below 0.167UStable as a dog faction: Wait for a strong bullish candle to enter, or wait for a pullback to 0.166U to scoop up cheap chipsEscape signal: If it breaks 0.167U with volume, quickly get out.
Core Situation
→ Life-and-death line 0.167U (three rescue points)
→ Bear defense line 0.171-0.172U (target for gains)
→ Turning point code: Break through EMA20 yellow line + stabilize above 0.172U
This wave plays the strategy of "breaking and then establishing"; the main force has buried 80 million chips to defend the range of 0.167-0.169U. A risk-reward ratio of 1:1.8 isn't amazing, but the position is quite enticing—if it breaks below the previous low, just accept the loss; making 1.8 times isn't too shabby either.
Reminder to all: What the dog trader loves most is the "double kill" scenario; this position can trigger both stop-loss for short positions and cut losses for greedy buyers. Remember, volume does not deceive; if there's a sudden surge, be sure to secure your profits first!