DOGE’s Cheeky Dip: Bottoming or Just a Puppy Prank? 🐶😂

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00 and Oct. 15 20:00, what a jolly jaunt! 🎢

  • Volume exploded to 568.6M at 08:00 during the morning scamper to $0.21, only for the sellers to snatch the reins like mischievous gremlins. 😈
  • The biggest liquidation bash hit between 13:00-15:00, with 920M turnover as prices dipped below $0.21-pure pandemonium! 🤪
  • At 19:50, a spot of utter capitulation hurled DOGE to $0.20 depths on 12M volume, signaling the end of this tiresome tantrum, perhaps? 😴
  • By close, DOGE hunkered down near $0.20 with quieter volume, hinting that demand might just wag its tail back soon. 🐾

    • Technical Analysis

    • Support clings stubbornly to $0.20-$0.202, matching those high-volume hoards amid the liquidation lows-like a sturdy doghouse in a storm. 🏠 Resistance lurks at $0.21-$0.214, blocked by the morning’s cheeky reversal bustle.
    • The short-term setup is as wobbly as a jelly on a trampoline while under the 200-day average, but with volumes squeezing tight and bids holding firm at $0.20, a base might be brewing. Reclaim $0.21 neatly, and momentum chasers could dash to $0.224-$0.228-off they go! 🏃‍♂️
    • Momentum gadgets scream oversold; funding rates flipped negative on Binance and OKX like grumpy old uncles-prime for a short-covering giggle-fest. 😂

    What Traders Are Watching

    • That $0.20 support line-will bids gobble up the leftover supply when Asia wakes up, or will it all go waggy? 🌅
    • Any volume punch on a $0.21 grab to confirm the turnaround, or just another false bark? 🗣️
    • How the institutions cozy up to House of Doge’s Nasdaq toys amid the fuss.
    • The overall mood hinging on those U.S.-China trade titbits-will they bite or just yap? 📰

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    2025-10-16 08:18