#My Gate Trading Moment Community Check-in

2026.6.16 Dogecoin remains the same, shaking people into sleepiness

Just looked at the market, DOGE is still hovering around 0.089, up less than 4 points. Iran signed a peace agreement, the market cheered up a bit, BTC returned to 67,000, and Dogecoin also snuck in some gains. But compared to SOL’s double-digit gains, it’s a bit disappointing.

Honestly, Dogecoin is in a pretty awkward position right now. There’s support around 0.085, resistance above 0.092, stuck in the middle bouncing back and forth, for several days now. If you say go long, there’s not much room above, and Dogecoin tends to get stopped out with a quick spike down; if you say go short, that 0.085 level is solid, every time it drops there, it gets bought back.

Right now, I’m just placing relaxed orders: buy below 0.085, sell above 0.10, and let it bounce around in the middle—I don’t watch.

Elon Musk hasn’t made any moves lately, SpaceX going public didn’t boost Dogecoin either, probably the whales are waiting for news. No news, no market, this is especially true for Dogecoin.

By the way, a reminder to myself: don’t bet on the direction of Dogecoin. This coin has fallen nearly 50% in a year, dropping 88% from its high, and every rebound is just a flash in the pan. Playing with spare cash in small positions is fine, going all-in is just asking for death.

Let’s wait and see when it will break below 0.085 so I can buy some. If I can’t get in, then forget it—missing out doesn’t lose money.