The DOGE community is off the charts, and market sentiment is spreading like a virus. The price is currently sitting at $0.132087, and long positions are gaining momentum, with many people speculating on the next market trend.
From a technical perspective, the RSI is right at the neutral position of 50.5, which is somewhat like the market is contemplating and looking for direction. The support level is at $0.122841, and caution is advised if it breaks below; the resistance level above is at $0.141333, but the real key breakout point is around $0.138691—if it can hold above this level, that would be a signal.
The trading idea is actually very simple: enter with a small position to test the waters. If it successfully breaks through $0.138691, then consider gradually increasing the position; but if it falls back below the support level of $0.122841, it is better to remain calm and observe for now. In short, it is about controlling risk, following the rhythm, and not letting market emotions lead you by the nose.
Mindset is crucial. No matter how exciting the market is, one must stick to their trading discipline; position management is always the top priority.
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SchrodingersFOMO
· 15h ago
0.138691 Is this point really that magical? I think it's better not to be too excited for now; DOGE relies on community hype, and once it's exposed, it's over.
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PensionDestroyer
· 15h ago
I don't believe in long positions if this point of 0.138691 doesn't break. Otherwise, it will plummet again. Forget it, I'll just keep a Short Position for now.
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BitcoinDaddy
· 16h ago
0.138691 This position is really stuck tight, it feels like the market maker is blocking here.
The DOGE community is off the charts, and market sentiment is spreading like a virus. The price is currently sitting at $0.132087, and long positions are gaining momentum, with many people speculating on the next market trend.
From a technical perspective, the RSI is right at the neutral position of 50.5, which is somewhat like the market is contemplating and looking for direction. The support level is at $0.122841, and caution is advised if it breaks below; the resistance level above is at $0.141333, but the real key breakout point is around $0.138691—if it can hold above this level, that would be a signal.
The trading idea is actually very simple: enter with a small position to test the waters. If it successfully breaks through $0.138691, then consider gradually increasing the position; but if it falls back below the support level of $0.122841, it is better to remain calm and observe for now. In short, it is about controlling risk, following the rhythm, and not letting market emotions lead you by the nose.
Mindset is crucial. No matter how exciting the market is, one must stick to their trading discipline; position management is always the top priority.