$DOGE
DOGE has been acting pretty bizarre lately.
It crawls up when it’s rising, then sends you straight down the elevator when it falls.
I woke up to find it had plunged from the highs to around $0.089. Short-term sentiment has clearly weakened. Still, this level isn’t without hope—around $0.089 is currently a fairly key support zone.
If it can hold here and reclaim $0.093–0.094, that would suggest this move was more of a leveraged shakeout, leaving room for another attempt to move higher.
But if $0.089 breaks on heavy volume, watch out for a further drop toward around $0.084 in search of support.
So the most important thing right now isn’t to panic at the sight of one big red candle, but to see whether support holds.
That’s just how DOGE is:
When it rises, it tests your patience.
When it falls, it tests your faith.
As for whether this is a shakeout or a trend reversal, we’ll see if $0.089 comes through for us. 😂
DOGE has been acting pretty bizarre lately.
It crawls up when it’s rising, then sends you straight down the elevator when it falls.
I woke up to find it had plunged from the highs to around $0.089. Short-term sentiment has clearly weakened. Still, this level isn’t without hope—around $0.089 is currently a fairly key support zone.
If it can hold here and reclaim $0.093–0.094, that would suggest this move was more of a leveraged shakeout, leaving room for another attempt to move higher.
But if $0.089 breaks on heavy volume, watch out for a further drop toward around $0.084 in search of support.
So the most important thing right now isn’t to panic at the sight of one big red candle, but to see whether support holds.
That’s just how DOGE is:
When it rises, it tests your patience.
When it falls, it tests your faith.
As for whether this is a shakeout or a trend reversal, we’ll see if $0.089 comes through for us. 😂