2025-12-27 12:23:40

Recently, I've been watching DOGE's trend, and I feel that there might be some interesting market movements coming up.

Currently, the price of Dogecoin is fluctuating around $0.122735. From the chart, it looks like a typical retracement and accumulation phase. The RSI indicator reads 45.3, indicating that the market hasn't reached extreme overbought or oversold conditions, and both bulls and bears are in a relatively balanced state. In my opinion, looking solely at candlesticks and indicators at this point isn't very meaningful; what's more important is to sense how intense the FOMO atmosphere is in the market.

Based on the rhythm of this wave, the support level is set at $0.114144, and the resistance level is at $0.131326. If the price can hold steady above $0.128872, it will basically confirm a breakout. My personal plan is to first add 20% to my position as a test, set a stop-loss at $0.114144, and aim for the resistance zone at $0.131326.

Honestly, this market wave does carry risks, and the market could turn at any time. But considering DOGE's performance over the years and the enthusiasm within the community, I remain quite optimistic. What do you guys think? Drop your thoughts in the comments.

DOGE0,94%

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0xSleepDeprived

· 13h ago

Wow, I'm also watching the 0.1287 level. It feels like just one catalyst is missing.

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ChainMemeDealer

· 13h ago

The market is really coming, and the FOMO feels unstoppable this time. Wait, can it really hold steady at 0.128? I'm a bit hesitant. The community enthusiasm is indeed high, but could this be another trap to cut leeks? Adding 20% to test the waters, thumbs up for a conservative approach. Dogecoin always has surprises, faith recharge. Is the support level really reliable, brother? Have you been caught in a trap before? This move is really uncertain, let's wait and see. Indicators are balanced, it's uncomfortable, just afraid of a black swan.

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ForkYouPayMe

· 13h ago

0.128872 is really a hurdle; if it can't be broken, I guess I have to wait a bit longer.

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TokenDustCollector

· 13h ago

Dogecoin's recent move is indeed interesting, but I think we should wait and see how the market reacts. RSI is still a bit flat; it will be more fun once it starts moving. Be cautious when adding positions. Last time I got caught because of FOMO and entered too early. Is the 0.131326 resistance level really that solid? I'm a bit skeptical. The community's buzz is definitely there, but hype ≠ market trend, bro. I think it's better to wait for a clearer breakout signal before taking action.

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AlphaWhisperer

· 13h ago

Bro, this analysis is indeed detailed, but I feel like there's a bit of overinterpretation of FOMO. The market doesn't have that much atmosphere, after all, it's just institutions playing around. I think the 0.128872 level doesn't mean much; anyway, it's just sideways trading, waiting for the shoe to drop. Doge has always been like that. The community hype is indeed a bit funny. When has the real market ever been proportional to the hype? I agree with the risk warning. Trying 20% is okay, but are you really willing to take such a wide stop-loss? This round of market movement just lacks a big catalyst. Even if the indicators are balanced again, it's just static. I actually think that instead of looking at charts, it's more insightful to focus on on-chain data. Watching how big players move is more meaningful.

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