DOGE/BTC has been making waves again lately. The token took a dip below its established range low and that key daily support level, but managed to bounce back and reclaim ground above it—a move that caught a lot of traders' attention.



Right now, DOGE is hovering just underneath its Point of Control (POC), which is pretty interesting from a technical standpoint. If the price can push through and reclaim that POC level, it would set up a pretty solid long entry signal. That breakout would be the kind of confirmation move you'd want to see before sizing into a position. The setup looks promising if volume shows up at that level.
DOGE-2,9%
BTC-0,19%
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.
  • Reward
  • 7
  • Repost
  • Share
Comment
0/400
SerNgmivip
· 1h ago
Doge is bouncing back again. Can it really break through POC this time? It seems like volume is necessary.
View OriginalReply0
CryptoComedianvip
· 01-07 16:56
Dogecoin is playing that "drop and rise" game again. I bet five dollars it'll be the same next time. Will POC break or not? If it breaks, I'll laugh; if it doesn't, I'll be at a loss for words. Waiting for volume, waiting until the end of time, right?
View OriginalReply0
DAOplomacyvip
· 01-07 16:56
ngl the poc breakout narrative is just path dependency at this point—we've seen this setup like a dozen times and the incentive structures never quite align when it matters most, arguably
Reply0
NewPumpamentalsvip
· 01-07 16:54
Well, this wave of DOGE rebound is okay, but the key is whether POC can be broken.
View OriginalReply0
FreeMintervip
· 01-07 16:42
It's bouncing back again. Let's see if this wave can break the POC.
View OriginalReply0
PensionDestroyervip
· 01-07 16:27
Doge is playing the diving game again. Anyway, it can always get back up each time. Whether it can break through POC this time depends on the trading volume. It feels a bit uncertain.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)