2026-01-05 03:31:13

DOGE's recent rally has been quite strong, but the price showing fatigue after breaking above the key level of 0.15. On the 1-hour chart, the price is clearly suppressed around 0.154, and then it turns into a sideways consolidation, which is quite intriguing.

The trading volume hasn't kept up, and the bullish momentum is clearly waning, with short-term sentiment heavily overextended. From the chart pattern, this looks more like a high-level consolidation after a rally, with a faint hint of distribution. Once it reverses, the decline can be quite sharp.

Currently, chasing long positions isn't very favorable. On the contrary, shorting offers a much higher risk-reward ratio.

DOGE-0,49%

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FlashLoanKing

· 8h ago

0.154 this barrier is a bit tough, the trading volume can't keep up and it's just a display --- The distribution smell is so strong, still dare to chase longs? You're asking for trouble --- After a high-level consolidation, it needs to come down. Shorting is the way to go --- Emotions are overextended and you're still sleepwalking, this market is about to crash --- Getting stuck at 0.154 is the ceiling, the bearish signal is very clear --- Those chasing longs are just bagholders, this wave is about to turn --- The bulls are losing strength, it's time for the bears to take over --- The sideways consolidation looks suspicious, better to close long positions quickly

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DegenApeSurfer

· 01-06 15:23

0.154 Is the position already giving up? I knew it, every time I get trapped here --- Starting to distribute again, a classic trap to lure more buyers and then dump, old routine --- If the volume can't keep up, it's time to run; those who stubbornly hold are all leeks --- Short positions are indeed cost-effective, but I'm still hesitant. What if it surges again? --- Sideways movement at high levels is a death trap. I've learned to be smarter this time --- Shorting sounds good, but my fate is to chase rallies and sell-offs, no way around it --- Can't get past the 0.15 level no matter what, feeling really discouraged --- Will a sharp reversal be very fierce? I'm really looking forward to that moment --- The momentum of the bulls has weakened so obviously, anyone still chasing must not be very smart --- The signs of distribution are already showing. For those who haven't escaped yet, hurry up and get out, everyone

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fork_in_the_road

· 01-06 12:25

0.154 this level really can't be broken, I think this is just a false breakout, the big players are distributing --- Another chase and get caught situation, why do you have to buy at the top, brother? --- The trading volume is sluggish, and the bearish trend is confirmed. Short-term bearishness is indeed more stable. --- Why do I feel this wave of DOGE is just a trap to cut leeks? It’s just a bait to induce buying at the start. --- 0.15 is a really tough barrier, and the pullback will continue. --- Not chasing longs and switching to shorts is the correct approach. This time, it will come down quickly.

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¯\_(ツ)_/¯

· 01-05 04:00

Hmm, the 0.154 level really can't be pushed through. I can see that too, it's just a lack of volume causing the rise, it will come back sooner or later. This wave of Dogecoin feels a bit fake, I don't dare to chase it in the short term, let's wait and see. The 0.15 level seems to be a ceiling; if it can't break through, I might consider shorting. I think this round might just be like this, the distribution signals are quite obvious, everyone be careful. Sideways movement at high levels is just dumping, old tricks. DOGE's recent surge was fierce but weak, it feels like there's no hope. Volume can't keep up with the rise, it's all fake, just look for yourself.

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ReverseTradingGuru

· 01-05 03:58

0.154 is already starting to fail, this wave of space isn't as big as expected --- Volume isn't supporting it, the bulls won't hold up much longer, a typical false rally --- It's another high-level consolidation and distribution, tired of this routine, okay? --- Chasing longs now? Wake up, brother, the risk is high --- Shorting has a really good cost-performance ratio, just depends on who dares to take this position --- Sideways trading is the most annoying, might as well just drop directly, at least it's clear in your mind --- 0.15 is the ceiling? Laughing to death, feels like it will go lower --- Short-term sentiment is overextended, in plain words, it's time to sell off --- Turning around really hurts, when the time comes, those caught in the trap will cry

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DefiEngineerJack

· 01-05 03:57

honestly the volume divergence on this DOGE move is actually™ *chef's kiss* - exactly what you'd see before a distribution pattern formally verifies itself. that 0.154 level isn't just resistance, it's basically the liquidity pool draining signal if you understand order flow mechanics short thesis has non-trivial merit here, not gonna lie. most retail will fomo long into the trap tho lmao

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MetaNeighbor

· 01-05 03:54

0.154 this resistance level is holding tightly, it feels like it's about to break, but the bulls clearly have no strength left --- Been ranging for so long, and still dare to chase longs? I'm speechless, the short-term risk-reward ratio is indeed high --- It's the same pattern again, a rally followed by high-level consolidation and then a sharp drop, playing out like this every time --- Decreasing volume is a signal, the selling pressure is getting stronger, it's time to clear the position --- Is 0.15 the ceiling? What happened to all the hype before --- Short-term overextension is serious, this wave down might break 0.12 --- Making quick money by shorting, chasing longs is a gambler's mentality, those who can't tell should reflect

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NFTregretter

· 01-05 03:37

Oh no, another 0.15 resistance level. Is this time really going to break or is it just another fake move? --- I'm tired of the declining volume. Every time they say it's for distribution, but a single bullish candle doubles the price. --- Rather than chasing longs, it's better to wait for a pullback. Currently, those entering long are just bagholders. --- Anyway, I dare not chase anymore. The 0.154 level is too disgusting. --- Shorting is indeed tempting, but I'm worried DOGE might suddenly surge again for no reason. This coin is too mischievous. --- Sideways trading is the most annoying, more torturous than a sharp drop. --- If 0.154 can't be broken, it feels like the price will go down. Anyone still going long now is going against the trend. --- Looking at the candlestick pattern, it definitely has the smell of a dump, but it could also just be a correction. --- I've already exited. I'll wait around 0.12. Good luck to friends chasing higher. --- The rapid surge this time is indeed a warning sign. Good things often come with challenges.

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