Looking at the daily chart, it’s been a slow grind down from that $0.14 area. We found some decent support around $0.08, but every bounce since then has been met with pretty heavy selling pressure. Right now we’re sitting at $0.09551. We’re basically stuck in a tight range between $0.09 and $0.103. The volume is looking a bit dry today, so I’m not expecting a massive breakout in the next few hours unless the broader market wakes up. If we can reclaim $0.103 and hold it, the next stop is likely $0.116. But if we lose $0.09, things could get ugly real fast and we might retest the $0.08 lows. I’m just watching the order book for now. The sellers are definitely keeping a lid on this one.
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.
Is $DOGE finally done playing games with us?
Looking at the daily chart, it’s been a slow grind down from that $0.14 area. We found some decent support around $0.08, but every bounce since then has been met with pretty heavy selling pressure.
Right now we’re sitting at $0.09551. We’re basically stuck in a tight range between $0.09 and $0.103. The volume is looking a bit dry today, so I’m not expecting a massive breakout in the next few hours unless the broader market wakes up.
If we can reclaim $0.103 and hold it, the next stop is likely $0.116. But if we lose $0.09, things could get ugly real fast and we might retest the $0.08 lows.
I’m just watching the order book for now. The sellers are definitely keeping a lid on this one.
#GateSquare$50KRedPacketGiveaway