After watching the market data of DOGE for a while, the structure is more robust than expected. Recently, this wave of long positions has continued to strengthen, my judgment is: if you don't intervene now, there is a high probability that you will chase the price later.



First, let's look at the RSI data. A reading of 50.7 indicates that the market sentiment is in a healthy range, neither extremely optimistic nor extremely pessimistic. During this period, the community interest in DOGE has been heating up, as these types of coins rely heavily on sentiment. Once the legion reaches a consensus, the price often explodes rapidly.

On the technical side, the support level is locked at $0.122315 - maintaining this level is a signal. The resistance level is at $0.140727, and breaking through it basically confirms an upward trend. The current price is $0.131521, not far from the key breakout level of $0.138097. You can feel the FOMO sentiment brewing.

The feeling of community activity is somewhat similar to the hype around SHIB back in the day.

My plan is straightforward: if it breaks above $0.138097, I will consider testing the waters with a light position, after all, missing this wave might mean having to chase the price. Conversely, if it breaks below $0.122315, that would be a stop-loss signal; emotional turning points can sometimes come suddenly, and I don't want to get trapped.

This is not advice, just an observation record. What do you all think about this market trend? Is anyone also paying attention to these price levels?
DOGE-0.99%
SHIB-2.26%
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BanklessAtHeartvip
· 5h ago
This wave of DOGE is something, once the community consensus is formed, it really can't be held back. In terms of operation, I agree with your logic, better to chase the price than to be trapped, and if it breaks, just run with this idea.
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FUD_Whisperervip
· 5h ago
Indeed, an RSI of 50.7 looks really comfortable, not so crazy, this is the healthy way to rise. Wait for it to break $0.138097 before acting, otherwise, you'll be a dumb buyer.
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