🔥5.17 Dogecoin Explosion Eve? Bottom Locked, Short Sellers Wrapping Up, Rebound Imminent!

Dogecoin hovering at 0.217, short-term shorts have almost been fully released, bottom signals emerging, ready for a reversal rebound at any moment.

Daily Chart Highlights:

After consecutive declines, a low-level 'hammer' is starting to appear, moving averages are weak, but a defensive wall is forming in the 0.210~0.215 area below, Bollinger Bands indicate the price is nearing extreme oversold territory, downward momentum is clearly weakening, and a rebound is just around the corner.

Four-Hour Level:

0.213 is the key bottom, the last panic washout from shorts has come to an end, MACD and KDJ are beginning to send golden cross signals, rebound expectations are targeting 0.225-0.230.

One-Hour Level:

V-shaped reversal is taking shape, bullish golden cross is gaining volume, short-term upward momentum has started, stabilizing above 0.220 will trigger a new wave of sprinting, targeting around 0.230.

Operational Suggestions:

Open position at 0.216, stop loss at 0.213, targets at 0.220, 0.223, cut losses without hesitation, a rebound is expected!

Don't just wait for the bomb to drop, this wave of takeoff is not a joke!