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Ladies and gentlemen, I am Mig. Today, let's get straight to the point and analyze DOGE's technicals clearly, using the most straightforward language—no complicated charts.
**Layered Technical Analysis**
First, look at the Bollinger Bands. Currently, the price is stuck at the middle band, and the upper and lower bands are starting to contract and narrow—this is called "pinching"—volatility is decreasing, but this is not a sign of weakness; rather, it indicates the market is gathering strength. A major directional decision is imminent. The oscillation above the middle band itself suggests that the bulls haven't dispersed.
How about the moving average system? The short-term moving averages have already turned upward and are about to break through the longer-term averages. What does this mean? The cost basis of recently bought chips is rising, buying interest is gathering, and short-term enthusiasm is recovering.
MACD is what I pay the most attention to. The fast line has formed a golden cross above the zero line, and the red momentum bars are beginning to appear and expand. The area above zero is the bulls' territory, and the golden cross is the signal to start an upward move. Double confirmation indicates that the upward momentum is restoring.
RSI and KDJ are also signaling. Both indicators are climbing from the neutral 50 zone but haven't entered overbought territory yet. It's like the engine just warmed up—there's room for further rise, but it's not overheated. This is the early stage of a healthy bullish start.
**Summary**
The technical picture is no longer just "oscillation." Multiple indicators are simultaneously signaling an early bullish trend, especially the golden cross above the MACD zero line, which is worth noting. If you want to precisely catch entry points, you can follow along, and I will provide real-time alerts to interested friends.