From a structural perspective, the price is still operating above the 45-minute cycle EMA21 and the chip POC, indicating that the short-term bullish structure has not been broken. Although there was a $4 million institutional buy-up during the session, the price rise was limited, suggesting insufficient active buying pressure.



Resistance above: around 0.108, also the main selling area + the upper boundary of the dense chip zone
Support below: around 0.105, also the main cost area + multiple support levels
Secondary support: 0.102, where moving averages and chip resonance coincide

The main force is showing a structural contradiction of absorbing chips below and hanging pressure above at the current position. The short-term direction depends on whether a volume breakout above 0.108 can be achieved. If a quick breakthrough is not possible, the price may seek support at 0.105 or even 0.102. Waiting for opportunities......$DOGE #DOGE& $DOGE
DOGE2.35%
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