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Update December 25: DOGE precisely retested the key support level of $0.125 two days ago. Currently, it has completed a double bottom neckline retest on the daily chart. From the 4-hour chart, the KDJ has crossed bullish again, while the MFI indicator is turning upward, and capital inflow is positive. These all suggest a potential rebound may be underway.
However, the key is whether it can hold above $0.125—if it cannot, the daily closing will break, and the short-term bullish signal will be invalidated. Once a rebound truly occurs, two resistance levels should be closely watched: the upper boundary of the descending triangle at $0.134, and the POC in the dense chip zone around $0.1.
(Technical analysis, not investment advice, reference period 1-5 days)
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It's a golden cross and capital inflow again. Why do I feel like this kind of statement happens every week?
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Wait, is POC around 0.1? Doesn't that mean there's still a lot of room to fall?
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I just want to know if there's another support after breaking 0.125, so it doesn't drop straight to 0.08.
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A rebound is a rebound, no need to use so many indicators, it's annoying to look at.
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Is it really that hard to hold 0.125? It feels like DOGE has been in a tug-of-war lately.
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KDJ golden cross? It also had a golden cross last time, and then...
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Another KDJ golden cross, MFI turning up. This combo is effective, but I’m worried it might be a false signal.
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Doge’s rebound is underway. I’m watching 0.134. If it can’t break through, I’ll just keep idling.
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Basically, it’s a gamble on whether we can hold the bottom. If we can’t, we’ll just continue to be trapped.
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I have some doubts about the POC being around 0.1. Where is the data from?
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The technicals keep saying a rebound is coming, but after the rebound, it’s still bearish. I’m tired of this cycle.
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I’ll get excited only when it really breaks above 0.134. For now, there’s no need to be excited.
Coming back to review? Hope it can turn from daddy to mommy
The signal for funds entering is good, but I still feel a bit anxious, afraid it's just a trick
I've seen the KDJ golden cross happen too many times... just waiting to see if the real move can rise
With so many resistance levels, it feels like the rebound space isn't that big
This level at 0.134 must be broken, or how can we expect the subsequent market
Where's the promised rebound? Why is it still dragging on
Can it really avoid breaking the level this time? It was the same last time
Feels like we're about to get trapped again, everyone.
If the double bottom truly forms, there's still hope to go up to 0.134.
The key is whether the funds are willing to enter the market. It's very hard to judge right now.
If it breaks the level, it will drop straight down. Short sellers are waiting.