DOGE once again found support around 0.12 on the 4-hour chart, stabilizing and then rebounding accordingly. This indicates that the demand at this price level is quite strong. From a technical perspective, the KDJ indicator has exited the oversold region, with the J line just crossing above the K and D lines to form a golden cross, signaling a gradually emerging bullish trend.
Currently, the trading strategy can be viewed as follows: a light position can be taken between 0.122 and 0.12 to allow some flexibility. If the momentum continues smoothly, the subsequent target could be in the 0.13-0.135 range. Of course, there's no need to panic during a pullback, as the bottom support has already been validated, and there is still short-term rebound momentum.
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SchroedingerAirdrop
· 7h ago
The 0.12 threshold feels really stable now, and I also saw the golden cross appear.
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MoneyBurner
· 12-27 07:43
0.12 has finally become a solid support. Is this really the case, or are you just trying to trick me into building a position again?
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RektRecovery
· 12-27 07:41
ngl, seen this exact setup collapse a thousand times before... 0.12 "support" is just a honeypot waiting to trap the hopeful, classic vulnerability pattern. KDJ crossovers are textbook security theater tbh.
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ForkTongue
· 12-27 07:39
0.12 has finally become a solid support level, the golden cross has appeared, feeling like it's about to take off.
DOGE once again found support around 0.12 on the 4-hour chart, stabilizing and then rebounding accordingly. This indicates that the demand at this price level is quite strong. From a technical perspective, the KDJ indicator has exited the oversold region, with the J line just crossing above the K and D lines to form a golden cross, signaling a gradually emerging bullish trend.
Currently, the trading strategy can be viewed as follows: a light position can be taken between 0.122 and 0.12 to allow some flexibility. If the momentum continues smoothly, the subsequent target could be in the 0.13-0.135 range. Of course, there's no need to panic during a pullback, as the bottom support has already been validated, and there is still short-term rebound momentum.