$DOGE This time I’m taking the short side.
The other day, X—just connected the Cashtag trading entry to platforms like Coinbase, Kraken, and Gemini—and DOGE was quickly pumped, even hitting 0.1059 for a moment.
But today I care more about the second half.
With such a good story, 0.10 somehow wasn’t even held.
Now DOGE has already dropped back to around 0.092, down about 8% again over the past 24 hours.
And there’s something that needs to be made clear:
An official X announcement only said that in the future you can jump directly from Cashtag to partner platforms for trading. It didn’t say that X would use DOGE for payments, and it didn’t announce any special treatment for DOGE.
The earlier wave was still fueled by the old expectation of “Musk + X + DOGE.”
It’s fine if the expectation can push the price up. But once the news comes out and it can’t be held, I’m not willing to make excuses for it.
This time, I trust the price.
For DOGE, I’m leaning bearish for now—at least until 0.10 is taken back again, I’m not going to catch this bottom.
$DOGE
The other day, X—just connected the Cashtag trading entry to platforms like Coinbase, Kraken, and Gemini—and DOGE was quickly pumped, even hitting 0.1059 for a moment.
But today I care more about the second half.
With such a good story, 0.10 somehow wasn’t even held.
Now DOGE has already dropped back to around 0.092, down about 8% again over the past 24 hours.
And there’s something that needs to be made clear:
An official X announcement only said that in the future you can jump directly from Cashtag to partner platforms for trading. It didn’t say that X would use DOGE for payments, and it didn’t announce any special treatment for DOGE.
The earlier wave was still fueled by the old expectation of “Musk + X + DOGE.”
It’s fine if the expectation can push the price up. But once the news comes out and it can’t be held, I’m not willing to make excuses for it.
This time, I trust the price.
For DOGE, I’m leaning bearish for now—at least until 0.10 is taken back again, I’m not going to catch this bottom.
$DOGE
