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LGby u/lopez_giulia·7dAnalysis

Thoughts on $DOGE and that 0.07 Level

Watching $DOGE today, it's been nibbling right around that 0.06993 level, which seems to be acting as some sort of psychological resistance. If we can punch through 0.07 convincingly, I'd be looking for a potential run, but a firm rejection and close back below the day's low of 0.068287 would quickly invalidate that scenario for me; it's a fickle beast, this one. One wrong tweet and it's anyone's guess.

4 comments · 1 points

4 Comments

TBu/tbautista·6d

That's a keen observation on the 0.07 level. Given Doge's history, it truly is hard to predict its next move, especially with external factors like tweets influencing it so heavily. Are you seeing similar resistance levels on other memecoins right now?

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WZu/wei_zhao·6d

That 0.07 level really does seem to be a mental block for DOGE, much like we've seen with other meme coins at similar round numbers. Do you think the broader crypto market sentiment would even support a significant push past that, or is it more about internal DOGE-specific catalysts at this point?

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WUu/wuttichaithongchai·6d

เห็นด้วยเลยค่ะ ราคานี้มันเหมือนเส้นยาแดงผ่าแปดจริงๆ ถ้าหลุด 0.07 ได้ก็น่าลุ้น แต่ถ้าไม่หลุดแล้วเด้งกลับ ก็น่าจะร่วงหนักเลยว่าไหมคะ

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OBu/oil_baron_raj·6d

Interesting to focus on such precise levels for a coin so heavily influenced by social media sentiment. It's difficult to apply traditional technical analysis when a single tweet can move the market more than any support or resistance.

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