🐶 DOGE Recent Trends: Appears to Be Slow, But Actually Hides Danger!
Since May 30, DOGE has been firmly suppressed by the 50-day moving average (around $0.19), resembling a dog lying on the ground gasping for breath. The bulls have made several attempts to break through but have been pushed back.
👉 In short: The bears are dominating the battlefield, with significant suppression!
Currently, $0.18 can still temporarily act as a "defensive line," but this position is already precarious. ⚠️ Once it falls below, DOGE may directly enter a downward channel, with target levels possibly dropping to:
💥 First Support: $0.16
💥 Extreme Support: $0.14
🔄 Range Fluctuation? Or the Calm Before the Storm?
If DOGE receives strong support and rebounds around $0.14, the market may return to the range fluctuation of $0.14 - $0.26.
⚠️ Note: This range is a typical “Heartbeat Fluctuation Zone” —
A rise makes one think it's about to take off, while a fall feels like it's going to zero, extremely easy to get washed out!
🎯 The real market situation depends on the breakthrough of two key points:
🚀 Breaking above $0.26: That would be a real breakout, possibly heading straight to $0.35+
💣 Falling below $0.14: That would not just be an adjustment, but a complete loss of support, potentially sliding to the $0.10 region.