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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