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DOGE suddenly surged and shot up to $0.104, did you follow and buy in?
Currently, the number of retail investors bullish is 2.6 times the number of bearish, with longs severely crowded.
This round of 15-minute rapid rise is mainly driven by positive news stimulation and violent short covering, forcing the short sellers to close positions and causing a stampede, directly pushing the price higher.
Future 4-hour forecast: The longs are too crowded, and the main force is likely to reverse and dump to wash out chasing buyers, with a target to retest $0.101.
Trading suggestion: Absolutely do not chase the high!