From the morning all green candles pushed to the 0.10445 high, looked like it was about to hold 0.104 steady, then a massive bearish candle at 10:45 smashed right through 0.10, bottomed at 0.09938, now barely catching its breath around 0.10063. Amplitude of 0.95% but the downtrend is brutal!



I totally get how you're feeling staring at the chart right now
That pain of hope rising only to get slapped down mercilessly—who hasn't been through it?

Technical Analysis: Classic rally-and-pullback + volume dump. Morning volume expansion, moving averages crossed bullishly, rallied all the way to 0.10445. Then immediately upper wick + consecutive bearish candles at the high, volume down move, center of gravity shifted lower, broke key 0.10 support. 15-minute trend has weakened—if it breaks 0.099, could target 0.095; holding 0.101 is needed to attempt another rally.

News: BTC jumped to 75k, but DOGE got hit alone. Bitcoin broke through $75,000 today, whole market sentiment warming up, yet DOGE as the old meme coin paradoxically tanked. Simple reason: Elon's X Money early testing hype already priced in, but the actual first phase launch is pure fiat with no DOGE payment integration! Expectations crashed, whales and large holders dumped directly, Open Interest continuing to decline—meme sector capital rotated out.

Retail traders must note: 0.104 is the selling pressure zone—next bounce to here, immediately trim positions in batches, don't hold all-in! Break 0.099 and stop loss immediately, protecting capital is more important than anything.
Don't just watch 15-minute charts, don't just listen to pump calls—check volume and OI data first. Never go all-in on position size, keep cash reserves for real bottom signals.

This pullback is technical resistance + hype delivery vacuum + capital abandoning meme coins—a combination punch. The DOGE community is still here, Elon...
BTC0,79%
DOGE0,03%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin