Recently, the Dogecoin trend has indeed been quite fierce. Starting from the level of 0.15656, it has been sliding down all the way, with a single-day decline of over 12%. The bulls' defense line is almost useless, retreating step by step.



Although the RSI indicator has entered the oversold zone, this does not guarantee an immediate rebound. The support level at 0.135 below is almost without any resilience, feeling quite fragile. The main selling pressure remains fierce, and the market is still in the process of seeking a bottom.

From a technical perspective, the area around 0.13743 has become a key observation point. To seize opportunities in this market adjustment, close attention must be paid to the performance of these price ranges. The next direction of the market will also depend on the attitude of the main capital.
DOGE7,61%
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HashRateHermitvip
· 01-19 21:56
Dogecoin's recent drop is really severe; the bulls were directly hammered out.
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FreeRidervip
· 01-19 06:06
Dogecoin has dropped again and again, are the bulls really useless?
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LeverageAddictvip
· 01-18 23:55
Dogecoin has dropped really hard this time, but it's oversold, so I'm a bit tempted. --- Another trap, the support level is as fragile as paper. --- With the main force so fierce, retail investors still want to buy the dip? Dream on. --- Let's see what happens at 0.13743, it feels like it will continue to test the bottom. --- It's oversold but not rebounding, they're messing with us. --- The bulls' defense line has collapsed, now let's see when the whales will show kindness.
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ProbablyNothingvip
· 01-17 08:50
Damn, Dogecoin hit the daily limit down again. Feeling exhausted.
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GateUser-94476b06vip
· 01-17 08:46
Still want to dump! I shorted at 0.3 and I'm now completely satisfied.
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ShibaOnTheRunvip
· 01-17 08:43
Dogecoin's recent drop is really brutal, oversold but still falling further. How much does the main force hate it?
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ImpermanentPhobiavip
· 01-17 08:40
Dogecoin's recent drop can't be contained anymore; it seems like it still needs to test the bottom further.
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MercilessHalalvip
· 01-17 08:38
Dogecoin is really dropping hard this time, can't even hold 0.135? The main players are dumping the market.
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