English
31186
I don’t know how to do it in the bull market. Welcome to scan the code to join the group for free. The spot code of the bull market and the layout strategy can be shared for free. Welcome to private message me to join us Penguin number can be added: 3838974575 The recent market performance of Dogecoin is highly consistent with that of most altcoins - compared to Bitcoin, its decline has been significantly deeper, and its market value has also been dragged into the negative range, refreshing the lowest point since 2023. Overall, DOGE's structure has entered danger territory, and without a quick and clear rebound, investors may be at greater risk of a pullback, as current trends show continued erosion of support.  The key price determines the next direction of Dogecoin According to the latest analysis from Bitguru, the next trend of Dogecoin depends almost entirely on a core price range of $0.166. This is the current focus area of competition between the long and short parties. Once it loses, the market structure may further deteriorate. The analysis pointed out that DOGE is still in a downward trend, and the trend lacks any effective rebound momentum. Sideways rather than reversal is the main rhythm of the current market, and potential upside catalysts have not yet appeared. Upper pressure: $0.1823 remains an important resistance Recently, DOGE once again encountered significant resistance as it moved closer to $0.1823, a level that has long been a difficult range for bulls to break. Once the price falls back around $0.166, bears will regain control. It is worth noting that $0.166 is just above the more core support of $0.16, and bulls must regain their footing and hold this area to avoid further deterioration in the market.  Downward pressure intensifies, and continuing to hit new lows is the biggest hidden danger Dogecoin’s lower price structure means that buying power is fading, while sellers are gaining control. If this weak structure persists, DOGE is more likely to continue bottoming out rather than experiencing a reversal. DOGE tried to rebound last weekend, but was ultimately suppressed by Bitcoin hovering around $95,000, causing the rebound to fail. For now, the bulls' priority remains to regain $0.166, which is the minimum requirement to reverse the short-term trend.  If it falls below $0.166, the key support below is $0.15 If Dogecoin cannot use the upward momentum to recover and stand at $0.166, there is a high probability that the correction will continue. As downward pressure builds, the next key support lies near $0.15. This layer is expected to attract a certain scale of buying intervention, thus forming a short-term rebound, but the overall trend still needs to be observed whether the market can re-accumulate effective momentum. If you don’t know what to do in the bull market, you are welcome to scan the code to join the group for free. The spot code and layout strategy of the bull market can be shared for free. Welcome to private message me to join us Penguin number can be added: 3838974575 |
|
|
|
|
|
