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QQ: 3845655336 There is no charge to enter the community, no exchanges, no recommended links Remember that dog who was shouted “going to Mars”? That’s right, it’s our old friend-Dogecoin (DOGE). After a long period of "pretending to be dead", the coin has recently begun to wag its tail, with technical indicators all turning bullish, making people wonder if it is smelling a "surge" again. When I woke up, Dogecoin looked a little different.After a long period of sideways trading, pullbacks, and then sideways trading, DOGE was once "captured" at $0.095. At that time, the market atmosphere was as cold as the bottom of a refrigerator, and everyone thought it was going to hibernate again. But unexpectedly, this dog started to be active and active recently. The most critical signal comes from the technical side - the RSI (relative strength index) has successfully broken through the neckline of the inverted head and shoulders pattern. In the eyes of technical people, this form is like a "bully igniter". Once it breaks through, it often means that the market is ready to take off. Traders are excited: Tardigrade’s 4-hour chart has hidden secretsThe famous analyst Tardigrade recently posted a 4-hour chart on X (formerly Twitter), which roughly means: “The breakthrough of Dogecoin cannot be underestimated. ” He said that Dogecoin has just experienced a mild but critical breakthrough, the buying power of the market has begun to return, and the long-term sideways movement has brewed a new upward trend. He also added an important point: “RSI has completed an inverted head and shoulders pattern breakout, which is a very strong bullish signal. ” To put it simply, the bulls finally have some confidence. If the RSI continues to climb or even enters the "overbought zone", it means that market sentiment will heat up further. Current target position? He gave a clear number: $0.21. As long as it breaks through here, Dogecoin's rebound may not be just a small incident, but a 'official comeback'.  BitGuru: Although it is slow, this rebound is really excitingAnother analyst, BitGuru, also weighed in, saying that Dogecoin has shown early signs of a rebound and is “stronger than it looks.” His observation focuses on a key point of $0.20, which is Dogecoin’s “psychological watershed.” If DOGE can stand firmly above $0.20, the market will confirm the short-term trend reversal, and it may then rush all the way to the next mark: $0.25. He said it very directly: “As long as it holds 0.20, DOGE can enter a clearer upward channel. ” Summary: This rebound is not an illusionTaken together, this wave of recovery of Dogecoin is not a false shot. Technical indicators have strengthened, financial sentiment has picked up, and analysts are all bullish - all signs are suggesting that this "dog" may be about to take a bite. Of course, the market never goes up in a straight line. If you are ready to follow up, you may wish to remember two sentences: 1️⃣ Holding $0.20 is the bottom line. 2️⃣ A breakout of $0.21 is a signal. Once these two steps are stable, Dogecoin’s “recovery script” may be officially staged.  The last sentence: In every bull market, Dogecoin is indispensable. After all, in the encryption world, it is not the strongest, but it must be the one that knows best. The article ends here. I will do a more detailed analysis in the communication group. If you want to join my circle Welcome to private message me to join us→→ VX: JMXM3690  If you can’t add it via WeChat above, you can contact the author on the homepage! Prevent loss of contact QQ: 3845655336  |
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