$DOGE No signs of major capital buying the dip! Pumping to lure in sellers, then short them!!!

Under the catastrophe of the overall market, even the once most resilient Meme faith has completely collapsed. $DOGE Although it slightly rebounded within the day to around $0.08383 following the market, this cannot hide the destructive wipeout experienced over the past week. Not long ago, it directly fell below the critical bull-bear line of $0.1, with the lowest even ruthlessly crashing to $0.07766, and the technical pattern has fully entered a frozen period.

Moving averages exert heavy pressure, bulls suffocate:
On the 4-hour chart, the 25-period moving average (MA25, about $0.08615) and the 99-period moving average (MA99, about $0.09715) are showing an extremely perfect bearish alignment, like two mountains pressing down hard. Currently, the small rebound candles at low levels, with severely shrinking volume, are purely a short covering after bulls' leverage was wiped out, with no signs of major capital buying the dip.

The current level around $0.084 is the extreme ceiling for a short-term weak rebound, piled up with countless retail traders' dead positions from the past two weeks who cut their losses too late. As long as the overall market BTC cannot hold steady above $61,500, DOGE could trigger a second bottom at any time. The temporary support at $0.082 is as fragile as a piece of paper; once broken, the downward channel will open directly below, targeting a move to $0.070 - $0.072 to seek the historical bottom! #DOGE #狗狗币 #技术分析