🚨 DOGE critical support broken!
The $15 target is immediately invalid—can DOGE still push toward $1 next?
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Recently, DOGE has shown a very crucial change: the support of a long-term rising channel has been breached. As a result, analyst Ali Charts has withdrawn the earlier $15 target expectation.
What does this mean?
This doesn’t mean DOGE must necessarily crash. It means the technical structure that had been supporting that long-term goal has already been damaged. Even more interesting is that another trader, Tardigrade, found a bullish inverted hammer pattern on the monthly chart and believes there’s still a possibility for a reversal.⚡
But the issue is: this signal has not been confirmed yet.
For a real reversal to form, not only does the price need to print higher highs, but trading volume must also increase noticeably. So right now, DOGE is actually in a very key observation phase.
On one side, the long-term structure is damaged and the $15 target loses its technical foundation. On the other side, the monthly chart shows a potential reversal signal—and even some analysts continue to look toward $1.
These two expectations are colliding head-on in the market.👀
Meanwhile, the fund flows haven’t provided particularly strong support.
In late August, DOGE did see inflows, but afterward, outflows increased noticeably. The largest single outflow was close to $5.7 million. As outflows rose, DOGE’s price also dropped—from around $0.09 to about $0.081 now.
Next, what’s truly critical is $0.08.
If that level can be held, and fund flows start to turn back in, then $0.085 and $0.09 could become key areas for further market observation.
But if $0.08 is also lost, market sentiment may weaken further.
Click the avatar to join the Jiujiu chat group for daily strategies 🚀
#DOGE #狗狗币 #MEME
The $15 target is immediately invalid—can DOGE still push toward $1 next?
Group: 点击进入玖玖的粉丝群
Recently, DOGE has shown a very crucial change: the support of a long-term rising channel has been breached. As a result, analyst Ali Charts has withdrawn the earlier $15 target expectation.
What does this mean?
This doesn’t mean DOGE must necessarily crash. It means the technical structure that had been supporting that long-term goal has already been damaged. Even more interesting is that another trader, Tardigrade, found a bullish inverted hammer pattern on the monthly chart and believes there’s still a possibility for a reversal.⚡
But the issue is: this signal has not been confirmed yet.
For a real reversal to form, not only does the price need to print higher highs, but trading volume must also increase noticeably. So right now, DOGE is actually in a very key observation phase.
On one side, the long-term structure is damaged and the $15 target loses its technical foundation. On the other side, the monthly chart shows a potential reversal signal—and even some analysts continue to look toward $1.
These two expectations are colliding head-on in the market.👀
Meanwhile, the fund flows haven’t provided particularly strong support.
In late August, DOGE did see inflows, but afterward, outflows increased noticeably. The largest single outflow was close to $5.7 million. As outflows rose, DOGE’s price also dropped—from around $0.09 to about $0.081 now.
Next, what’s truly critical is $0.08.
If that level can be held, and fund flows start to turn back in, then $0.085 and $0.09 could become key areas for further market observation.
But if $0.08 is also lost, market sentiment may weaken further.
Click the avatar to join the Jiujiu chat group for daily strategies 🚀
#DOGE #狗狗币 #MEME
