17:00 Review: The $DOGE afternoon recovery still hasn’t resolved the fake breakout issue from the morning session. After 14:00, the price failed to regain above 0.10217; the low touched 0.09761 and it briefly broke below 0.098. However, that hour eventually closed back at 0.09956, and the 0.095 support has not yet been tested.
As of 17:02, DOGE is around $0.09929, up 8.08% over the past 24 hours; the gain has continued to narrow compared with midday. Over the last ~3 hours, the open interest increased from about 3.272 billion to 3.302 billion coins, only up 0.93%. The funding rate is 0.01%, and the new positions are insufficient to drive the price back to strength.
Conclusion: 0.098 has been temporarily reclaimed, but 0.10217 hasn’t been confirmed. No entry today—continue waiting. Only after volume confirms and holds above 0.10217 should you re-check 0.10594. If it breaks below 0.0976 again and can’t be quickly reclaimed, then the next support to watch is 0.095.#DOGE #市场复盘 #Hot Coins
As of 17:02, DOGE is around $0.09929, up 8.08% over the past 24 hours; the gain has continued to narrow compared with midday. Over the last ~3 hours, the open interest increased from about 3.272 billion to 3.302 billion coins, only up 0.93%. The funding rate is 0.01%, and the new positions are insufficient to drive the price back to strength.
Conclusion: 0.098 has been temporarily reclaimed, but 0.10217 hasn’t been confirmed. No entry today—continue waiting. Only after volume confirms and holds above 0.10217 should you re-check 0.10594. If it breaks below 0.0976 again and can’t be quickly reclaimed, then the next support to watch is 0.095.#DOGE #市场复盘 #Hot Coins