DOGE has been oscillating near the lower Bollinger Band in the past two days, showing clear signs of a bearish trend. From the chart, the downward trend remains strong, and selling pressure is quite significant. Can the situation be reversed? It depends on whether the support level can hold. The target is 0.1270, with a stop-loss set below 0.1225. Currently, the pattern is somewhat weak, and the subsequent movement still needs to be observed.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
12 Likes
Reward
12
5
Repost
Share
Comment
0/400
Rekt_Recovery
· 01-21 05:48
ngl doge bouncing off that lower band is giving me 2017 ptsd vibes... been there, got liquidated, bought the merch lmao
Reply0
GasFeeAssassin
· 01-21 05:47
The lower Bollinger Band keeps tormenting me, this rhythm is so painfully familiar.
View OriginalReply0
GasFeeLover
· 01-21 05:42
It's the same old story, Bollinger Bands, support levels... tired of hearing it. DOGE just keeps tormenting people over and over again.
View OriginalReply0
Ser_Liquidated
· 01-21 05:27
Here we go again, the lower band of the Bollinger Bands is playing tricks again. Can you stop fooling me this time?
View OriginalReply0
liquidation_surfer
· 01-21 05:25
Still oscillating at the lower band. Can it really hold this time? Feeling uncertain.
DOGE has been oscillating near the lower Bollinger Band in the past two days, showing clear signs of a bearish trend. From the chart, the downward trend remains strong, and selling pressure is quite significant. Can the situation be reversed? It depends on whether the support level can hold. The target is 0.1270, with a stop-loss set below 0.1225. Currently, the pattern is somewhat weak, and the subsequent movement still needs to be observed.