Is there hope hidden in despair?
DOGE is on the verge of a dramatic rebound!
News Flash:
Has the bad news been fully released or is it the starting point of an abyss?
Musk's 'exit' triggers panic: In early June, Elon Musk suddenly announced that he would withdraw from the Trump administration's 'DOGE Efficiency Plan' advisory role. Although originally a political joke, the market interpreted it as the 'collapse of a pillar of faith,' with community search volume plummeting by 70%, and short-term sentiment dropping to freezing point.
The dawn of ETF is not extinguished: 21Shares' application for a spot ETF for Dogecoin has been officially accepted by the SEC (with a final approval deadline of January 9, 2026), and the regulatory attitude has shifted from 'direct rejection' to 'under review,' keeping hopes for long-term institutional entry alive.
Whales secretly bottom fishing: On-chain data shows that in the past month, whales have accumulated an additional 1 billion DOGE (approximately $170 million), with costs concentrated in the 0.16-0.17 range, indicating a clear intention to buy on dips.
Technical Confirmation:
Bearish pressure but the spring has been compressed to the limit!
Bollinger Band Death Channel: The Bollinger Bands on the four-hour chart are opening downwards, with prices closely touching the lower band (0.1715), and the middle band at 0.182 acting as strong resistance; if it does not break, the downward trend will continue.
MACD underwater death cross: DIF and DEA are below the zero axis and the green bars are expanding, indicating that bearish momentum has not exhausted, but KDJ has dropped, causing a sudden increase in the probability of a short-term rebound.
Bull-Bear Lifeline: 0.168 is the annual volume center; if breached, it may trigger panic selling down to 0.15; if a breakout occurs at 0.188, resonating with MA200 and whale cost, a trend reversal signal will be established.
After Musk turned away, the game between whales and retail investors — who is igniting the night? If 0.168 is broken, is it a golden pit or a mass grave? Share your battle map in the comments!
