The evening market is hot, with Dogecoin becoming the focus. Trading volume skyrocketed by 127%, with the price fluctuating around $0.147. Bulls are aiming to break through $0.15, while bears are holding firm at this level—a fierce tug-of-war is underway.
The technical outlook looks quite interesting. The hourly chart shows a golden cross signal, which usually indicates that upward momentum is building. However, the RSI has already surged to 63.6, signaling overbought conditions. In other words, there is a short-term risk of correction, so don’t rush to go all in.
There are also many positive signals from the funding side. Large investors have been aggressively accumulating recently, adding a total of 325 million DOGE, which is no small amount. Open interest has soared to $2.27 billion, indicating increasing market participation and strong bullish confidence.
If the price can volume-break through the $0.1525 hurdle, it should have no problem moving towards the $0.16-$0.18 range. Conversely, if it falls below the $0.1488 support, it could trigger a chain of stop-loss reactions, and the $0.145 level must be defended. The final trend tonight will still depend on Bitcoin’s performance, as the meme coin sector often moves in tandem with the overall market.
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MoonBoi42
· 01-08 21:45
127% trading volume? That's the rhythm of taking off, but with RSI already at 63, still going all in—truly a warrior.
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MemeCoinSavant
· 01-07 21:03
ngl the RSI cope is real... they always say overbought til it isn't lol. 3.25B doge accumulation tho? that's giving unhinged whale energy fr fr
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HappyMinerUncle
· 01-06 17:24
Forget it, let's just wait and see this time. The RSI has already broken the indicator, and those rushing to buy in will get cut.
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MoonRocketTeam
· 01-06 15:15
Dear astronauts, Dogecoin's booster is about to ignite. The RSI is a bit hot, but big players are loading supplies. Break through 0.1525 and it will directly blast out of the atmosphere. Don't ask me how I know, just look at the chart [rocket]
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LiquidityWhisperer
· 01-06 15:15
127% trading volume, sounds good, but RSI is already at 63.6 and you're still talking about a breakout? Come on, this is just typical hype.
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CryptoPhoenix
· 01-06 15:13
It's another day of being taught by the market, and this tug-of-war really wears you out... But do you know? The bottom range often harbors the greatest opportunities. Remember, when losing money, it's most important to stay clear-headed. 127% trading volume doesn't lie, and rebirth is just around the corner.
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GasGuru
· 01-06 15:05
127% trading volume? Doge, this move is quite interesting, but I'm worried it might be a fleeting spark.
#数字资产动态追踪 $DOGE $BTC $ETH Is Dogecoin about to break out? Evening trading volume surges by 127%!
The evening market is hot, with Dogecoin becoming the focus. Trading volume skyrocketed by 127%, with the price fluctuating around $0.147. Bulls are aiming to break through $0.15, while bears are holding firm at this level—a fierce tug-of-war is underway.
The technical outlook looks quite interesting. The hourly chart shows a golden cross signal, which usually indicates that upward momentum is building. However, the RSI has already surged to 63.6, signaling overbought conditions. In other words, there is a short-term risk of correction, so don’t rush to go all in.
There are also many positive signals from the funding side. Large investors have been aggressively accumulating recently, adding a total of 325 million DOGE, which is no small amount. Open interest has soared to $2.27 billion, indicating increasing market participation and strong bullish confidence.
If the price can volume-break through the $0.1525 hurdle, it should have no problem moving towards the $0.16-$0.18 range. Conversely, if it falls below the $0.1488 support, it could trigger a chain of stop-loss reactions, and the $0.145 level must be defended. The final trend tonight will still depend on Bitcoin’s performance, as the meme coin sector often moves in tandem with the overall market.