DOGE: Elon Musk's market movements could ignite at any time!



Dogecoin has been oscillating downward in the 0.12-0.15 range recently, with the weekly decline slowing noticeably, showing signs of forming a bottom.

The key support level below is at the 0.12 mark; if it breaks, it will likely dip to the 0.105 dense trading zone.

Currently, the funding rate is stabilizing, indicating that the previous shorts are gradually exiting.

The trading strategy is simple: buy gradually below 0.12 to build a position, wait for Elon Musk to endorse or for applications to be implemented, and ride a wave of emotional rally.

Initially, watch the 0.155-0.16 resistance; only a volume breakout can open up new upward space.

A reminder: Dogecoin currently lacks strong positive catalysts, so avoid heavy positions and go for light, cautious positioning on the left side!
BTC-1.77%
GT-1.61%
ETH-1.89%
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