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May 13 DOGE makes a desperate counterattack! The 0.11 level is strongly reclaimed, is the bullish feast beginning?
Good afternoon, comrades. I am your old friend, the Chief Technical Analyst for global K-line analysis.
Today is May 13th. After a period of suppressed correction, Dogecoin (DOGE) has finally formed an extremely strong “V-shaped reversal” pattern on the chart. Currently, the price has successfully stabilized above 0.11203, and market sentiment has instantly ignited. This violent surge is not just a price rebound, but a clear signal that the bearish momentum has exhausted and the bulls are reasserting control of the battlefield.
No more nonsense, let’s dive straight into the hardcore technical analysis.
1. Multi-timeframe Technical Deep Scan
1. Daily Chart: Long-term trend remains steady, pullbacks are opportunities
On the daily chart, DOGE is still moving within a wide-range upward channel. Yesterday’s deep pullback quickly rebounded after touching a key support zone, with the daily candle closing with a long lower shadow, indicating very strong buying pressure below. As long as the price stays above 0.105, the bullish long-term logic remains unbreakable.
2. Four-hour chart (4H): Momentum shift, golden cross imminent
In the 4-hour chart, after confirming the bottom twice, the price began to increase with volume. The MACD indicator has formed a bullish crossover below the zero line, with red energy bars continuing to grow. This resonance across cycles suggests that this rally has strong sustainability, rather than being a fleeting “fake-out.”
3. One-hour chart (1H): V-shaped reversal confirmed, moving averages in bullish alignment
Examining the detailed chart, the signals from the 1-hour chart are the most impressive:
2. Top-tier Practical Trading Commands
The current chart has completed a perfect transition from decline to bottoming out, then to strengthening. Since the bulls have already sounded the charge, we should follow the trend.
🚩 Real-time Order Placement (Open position at current price)
3. Exclusive Mindset from Technical Blogger
Comrades, watching the market requires “soul.” The position at 0.10743 is not just a low point, but the last decisive kill by the main force against the bears. Currently, the 1-hour chart has stabilized above MA30 (purple line), which is a vital support line. Any pullback to this line (around 0.1100) can be seen as a golden opportunity to enter.
Blogger’s private advice: DOGE right now is like a lion just waking up; 0.112 is only the starting point. Hold your positions, don’t get shaken out by minor oscillations, and stick firmly to your strategy — that’s the only shortcut to profit.
⚠️ Risk Warning: Cryptocurrency markets are highly volatile; technical indicators are only probabilistic analyses. The above strategies are for reference only. Please each comrade strictly control your position size according to your risk tolerance, and do not go all-in.