DOGE at 0.0945, dreaming of 10 cents—will it really rise if Elon tweets again?
On October 3, Elon mentioned DOGE on X, and it surged to 0.10 before falling back. 1.06 million trades, $280 million in open positions. The Doge has gotten used to being dangled and toyed with, and you’ve gotten used to waiting for the next tweet.
If you’re going long, wait for it to hold above 0.10 before chasing. If you’re going short, wait until it breaks below 0.09 before jumping in. At this level, chasing it could easily leave you caught on both sides.
Retail traders see “Elon mentioned it” and rush in. Smart money sees “no tweet” and laughs.
Do you think Elon is really backing DOGE, or is he waiting for the next crypto bagholder?
$DOGE
On October 3, Elon mentioned DOGE on X, and it surged to 0.10 before falling back. 1.06 million trades, $280 million in open positions. The Doge has gotten used to being dangled and toyed with, and you’ve gotten used to waiting for the next tweet.
If you’re going long, wait for it to hold above 0.10 before chasing. If you’re going short, wait until it breaks below 0.09 before jumping in. At this level, chasing it could easily leave you caught on both sides.
Retail traders see “Elon mentioned it” and rush in. Smart money sees “no tweet” and laughs.
Do you think Elon is really backing DOGE, or is he waiting for the next crypto bagholder?
$DOGE
