Dogecoin’s current long-term support level in testing is $0.061. If it rebounds to above $0.08, there may be an opportunity to restart the move toward the $1.42 target; a drop below $0.061 would rule out the bullish setup. Since 2017, it has been moving along a long-term trend line, with brand, community, and demand from major exchanges as its advantages. It is still below $0.08; the first recovery zone is $0.098–$0.173. If it falls to $0.055, it could further drop to $0.0306. To improve the outlook, it needs to retake $0.08 and break through the resistance zone of $0.098–$0.122.

DOGE-0.04%
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BluePill
· 07-17 19:48
Community consensus is the biggest moat; data analysis is only for reference.
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PFPAesthetic
· 07-17 19:27
The $1.42 target is too far away; first let’s hold steady at 0.08. But the long-term trend line is indeed beautiful.
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GasOracle
· 07-17 18:51
Dogecoin’s memecoin nature means there’s always a story to tell, but investing still depends on liquidity. If 0.061 breaks, 0.0306 isn’t impossible, but any rebound would be quick too. The key is whether Musk will shout a buy signal again.
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SpreadHunter
· 07-17 18:15
Is 0.061 a “bottom” level?
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