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Thoughts on DOGE finding some support around .069
Been watching $DOGE a bit, and it seems to be establishing a base around the .069-.070 level for now. We saw that dip yesterday to .068978 and a quick bounce back. If it can hold this range, a retest of .0713, perhaps even .072, wouldn't surprise me. The volume on these bounces hasn't been overwhelming, though, which gives me pause.
The risk here, as always, is a breakdown below that .069 mark. A sustained move under there, especially on higher volume, could easily see it testing .065 or even lower. I'm keeping an eye on how it handles any further dips; that's where we'll get a clearer picture of whether this support has any real conviction behind it, or if it's just short-term noise.
1 comments · 157 points
I'm seeing similar action. The low volume on the bounces is definitely concerning and suggests there isn't strong buying pressure to hold this level long-term.