Recently, the star of the crypto world is undoubtedly Dogecoin! This meme coin, which comes with its own emoticon attributes, is staging a comeback. Although the price is still hovering around $0.17, the technicals suddenly reveal the "cup-shaped rebound" big move, making analysts exclaim, "The eve of the bull market is coming!"


1. Price roller coaster: From flash crash to comeback

Last week, DOGE was playing around $0.15, and suddenly there was a V-shaped reversal. It's like riding a roller coaster from the bottom up to the clouds; now the price has reached the $0.18 level.

Although it has risen 4% in the last 24 hours, the trading volume has dropped a bit, just over $1.5 billion, indicating that everyone is still waiting and watching.


2. The mysterious cup-shaped rebound hides secrets

Technical experts have discovered an interesting pattern - the cup-shaped reversal! Just like water in a cup being poured out halfway and then slowly filled again, the price first dropped to a low of $0.1524, and is now gradually gaining strength at the bottom.

As long as the "cup bottom" at $0.1666 is held, the next step could possibly soar to $0.185.

3. The three key levels determine life and death

  1. First Line of Defense: $0.165 (cup bottom position)

  2. Charge Horn: $0.185 (previous high resistance level)

  3. Ultimate Goal: $0.20 (psychological barrier)

The price is currently trapped in the $0.17-$0.18 range, like a soccer match in extra time; whoever can break through the defense will gain the advantage.

4. The fierce battle between bulls and bears intensifies

  • Bullish Confidence: Although Musk has been low-key recently, the Dogecoin community remains active, with a daily trading volume of 1.5 billion indicating sustained interest.

  • Bearish Warning: Bloomberg analysts warn that the current trend is synchronized with Bitcoin/gold, and it might fall back to $0.14.

  • Mysterious Power: The futures market suddenly burst with $1.98 billion in long positions; this is a rhythm for trouble.

5. Retail Investor Survival Guide

  1. Keep an eye on key levels: If it drops below $0.165, fasten your seatbelt.

  2. Breakthrough Buying Strategy: If it breaks above $0.185 with volume, consider following in.

  3. Position Management: Don't put all your eggs in one basket; a 15% position is relatively safe.


Currently, Dogecoin is like standing in the last 100 meters of a marathon. Although Bitcoin looms ahead like a mountain, the meme coin sector has recently warmed up collectively, with SHIB and PEPE rising, which might lift DOGE.

But remember, the cryptocurrency market changes faster than flipping a page, so invest cautiously!