Those who think DOGE is completely dead have only noticed that it has fallen nearly 90% from its 2021 peak, but they’ve missed what’s changed at the bottom.
The monthly chart has now retreated to around 0.092, a historical low-level trading range that’s been in place since 2022. If confidence had truly evaporated, this should have been a desperate, low-volume drift downward. But the actual market signals say the opposite: volume is picking up at the lows, large traders are becoming more active, and selling pressure to the downside is clearly weakening.
A 90% crash followed by rising volume and a refusal to fall further at the bottom means that battered coins being panic-sold are quietly being scooped up by buyers. At this critical juncture, blindly turning bearish is essentially handing your core holdings to someone else.
#DOGE
👇
The monthly chart has now retreated to around 0.092, a historical low-level trading range that’s been in place since 2022. If confidence had truly evaporated, this should have been a desperate, low-volume drift downward. But the actual market signals say the opposite: volume is picking up at the lows, large traders are becoming more active, and selling pressure to the downside is clearly weakening.
A 90% crash followed by rising volume and a refusal to fall further at the bottom means that battered coins being panic-sold are quietly being scooped up by buyers. At this critical juncture, blindly turning bearish is essentially handing your core holdings to someone else.
#DOGE
👇