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6.11 Jiang Yuheng | DOGE Thinking Analysis
The downward momentum of DOGE has been broken, with a standard V-shaped reversal on the 15-minute chart, and the previous bearish suppression by MA7/25/99 has completely failed. It has now turned into a series of ascending support lines, with each low higher than the last. Every pullback is a low-risk entry point, and the direction is no longer in doubt!
The moving averages are collectively turning upward, and the price is steadily above all short-term moving averages. The support around 0.083 has been tested and confirmed multiple times. Bears trying to push the price down again are powerless, and bullish momentum is continuously releasing.
Price and volume are reversing in sync, with bottom-fishing funds entering the market. The rebound volume has directly broken the previous weak pattern of declining volume and downward movement. As long as the key support at 0.083 is not broken, the upward rebound space will further open.
Pull back to the 0.08339-0.08389 range for phased positioning, targeting the 0.08539-0.08589 range!
In the market, only those who follow the trend can achieve certain gains; those who go against the trend will only be repeatedly harvested!
For coins like DOGE, catching the right rhythm means stable profits. Going against the trend is just asking for trouble. Don’t wait until the trend is over to regret—pullbacks are opportunities for your layout!