Amid the wave of meme coin collective rebound, DOGE has indeed shown some signs of improvement in the past couple of days. The single-day increase is about 4%, with the price reaching $0.1516. This number may seem insignificant, but the story of trading volume is more interesting—about 40% higher than the 30-day average, indicating that it's not just retail investors following the trend; there's real money involved.
From a technical perspective, DOGE was previously stuck in the range of 0.142 to 0.143. This time, it has managed to break above that, now firmly staying above 0.1463. On the one-hour chart, a golden cross signal has also appeared, making the short-term outlook somewhat promising.
But we need to stay alert. Holding above 0.1463 is a critical threshold. If it can stay steady, there's no suspense in pushing towards 0.152 to 0.153. The problem is, once it falls below 0.1463, the enthusiasm will likely cool off quickly. So, the key isn't about being overly aggressive but about whether to follow the trend and when to exit. The market presents opportunities, but don't let emotions take over.
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0xSoulless
· 9h ago
The trading volume has increased, and big players are positioning. However, the 0.1463 level must be held, or it will be another harvest feast.
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BrokenDAO
· 01-04 08:51
What does a 40% increase in trading volume indicate? It means someone is betting on the direction, which is not really a good sign. The 0.1463 line sounds like support, but in reality, isn't it just another round of chopping up the retail investors?
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ChainDoctor
· 01-04 08:51
Trading volume at 40% is a good sign, indicating it's not just retail traders playing around. But the 0.1463 level is really critical; once it's broken, I need to run quickly. I’ve learned my lesson this time.
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Both a golden cross and a dividing line sound impressive, but I care more about whether we can truly hold above 0.152.
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DOGE's gains aren't really worth much; trading volume is king. Being so much higher than the 30-day average at least shows that big players are eating up the chips.
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Timing to exit is even harder than timing to enter, that really hit home for me. I'm always driven by emotions, greed finally leads to reverse losses.
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If 0.1463 doesn't break, I'll keep holding; if it breaks, I'll liquidate immediately. It's that simple.
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It looks like a rebound, but it feels like there's not enough momentum; I’ll wait and see for a few more days.
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Don't be fooled by meme coin stories; technical analysis is the real deal. The signals this time are indeed good, but the risks are still there.
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DegenDreamer
· 01-04 08:50
0.1463 this line really needs to hold, otherwise it was just a false alarm.
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SchrodingerWallet
· 01-04 08:49
The sudden 40% surge in trading volume definitely indicates something unusual, not typical retail operation. It feels like institutions are accumulating chips.
The point at 0.1463 is well said—if it breaks, you better run, don’t wait to die.
Why does it feel like another fake-out... Last time DOGE also flashed some golden cross, but it was cut in half in just a couple of days.
Really don’t dare to follow the trend anymore; just watch the rebound as a spectator.
Wait until it drops to 0.13 before considering, chasing high now is just asking for death.
Amid the wave of meme coin collective rebound, DOGE has indeed shown some signs of improvement in the past couple of days. The single-day increase is about 4%, with the price reaching $0.1516. This number may seem insignificant, but the story of trading volume is more interesting—about 40% higher than the 30-day average, indicating that it's not just retail investors following the trend; there's real money involved.
From a technical perspective, DOGE was previously stuck in the range of 0.142 to 0.143. This time, it has managed to break above that, now firmly staying above 0.1463. On the one-hour chart, a golden cross signal has also appeared, making the short-term outlook somewhat promising.
But we need to stay alert. Holding above 0.1463 is a critical threshold. If it can stay steady, there's no suspense in pushing towards 0.152 to 0.153. The problem is, once it falls below 0.1463, the enthusiasm will likely cool off quickly. So, the key isn't about being overly aggressive but about whether to follow the trend and when to exit. The market presents opportunities, but don't let emotions take over.