DOGE has reached a critical point. The current situation is very clear — the market is teetering between two opposing forces.



The bears' intentions are unmistakable. They want to break through the $0.12 support level. Once successful, the downward momentum will be reignited, with the next target directly at the October 10 low of $0.8385. If this level is truly broken, market sentiment will shift very quickly.

The bulls' opportunity is also right in front of us. We can no longer wait at this stage; we must push the price back above the moving averages as soon as possible, or else we will be continuously suppressed by the bears. If a rebound can hold, the first target is around $0.2. Reaching that level would mean the market has clearly rejected further decline at $0.13 — a bullish signal for the bulls.

To sum up simply: breaking below $0.12 means the search for a bottom continues; standing firm above the moving averages signifies a legitimate rebound; reaching $0.2 indicates that the bulls are really starting to turn things around.

DOGE is no longer in the faith-driven stage but in the speed of reaction stage. Recognize key levels clearly and avoid blind trading. In this kind of divergent market, only traders who stay steady can seize the opportunities.
DOGE1,59%
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CoffeeNFTradervip
· 01-01 11:51
If this 0.12 support level really breaks, I'll go all-in on a short.
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MiningDisasterSurvivorvip
· 01-01 11:51
I've been through it all. If the 0.12 level breaks, it will feel like déjà vu of 2018. Don't be fooled by these price levels; in the end, it will just lead to a sell-off.
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GasFeeVictimvip
· 01-01 11:51
0.12 Is this defensive line really unbreakable? It feels like the bears are quite aggressive this time.
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IfIWereOnChainvip
· 01-01 11:35
If 0.12 can't be broken, the bulls still have hope; if it's broken, it will head straight to 0.08.
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