$DOGE is stacking energy near the 0.12608 level, shaping a tight setup for a breakout leg if the thrust hits.
Here's the lowdown: DOGE was launched in Dec 2013 as a meme‑based cryptocurrency, inspired by the “Doge” internet meme featuring a Shiba Inu. It gained massive popularity in 2014–2017, driven by community hype and celebrity endorsements, peaking around $0.018 in 2017. The coin saw a massive bull run in 2021 fueled by social media hype and Elon Musk’s tweets, hitting an all‑time high near $0.73 in May 2021. Now, it's trading around $0.126, with a 24‑hour drop of ~3.2% and a market focus on the perpetual (perp) contract showing a -3.33% move.
Technically, MACD is flat near zero (0.00001), indicating weak momentum; volume is moderate at 256.78 M DOGE with a USDT turnover of 32.68 M. The community keeps it alive as a popular speculative asset and payment token on various platforms, with ongoing development of tipping and micro‑transaction utilities.
Trading Setup
Current Price: 0.12608
TP 1: 0.12612
TP 2: 0.12615
TP 3: 0.12621
Stop Loss: 0.1250
Strong swing momentum brewing...just watch the price action around the entry zone.
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$DOGE is stacking energy near the 0.12608 level, shaping a tight setup for a breakout leg if the thrust hits.
Here's the lowdown:
DOGE was launched in Dec 2013 as a meme‑based cryptocurrency, inspired by the “Doge” internet meme featuring a Shiba Inu. It gained massive popularity in 2014–2017, driven by community hype and celebrity endorsements, peaking around $0.018 in 2017. The coin saw a massive bull run in 2021 fueled by social media hype and Elon Musk’s tweets, hitting an all‑time high near $0.73 in May 2021. Now, it's trading around $0.126, with a 24‑hour drop of ~3.2% and a market focus on the perpetual (perp) contract showing a -3.33% move.
Technically, MACD is flat near zero (0.00001), indicating weak momentum; volume is moderate at 256.78 M DOGE with a USDT turnover of 32.68 M. The community keeps it alive as a popular speculative asset and payment token on various platforms, with ongoing development of tipping and micro‑transaction utilities.
Trading Setup
Current Price: 0.12608
TP 1: 0.12612
TP 2: 0.12615
TP 3: 0.12621
Stop Loss: 0.1250
Strong swing momentum brewing...just watch the price action around the entry zone.
#DOGE #Rmj-Trades