#数字货币市场洞察 DOGE Faces Test at Key Monthly Level: Can the Support Zone Hold?🐶



The price is hovering near the bottom of the monthly Ichimoku cloud, around $0.14. The current position is somewhat awkward—both the Tenkan and Kijun are above, while DOGE is right up against the lower edge of the cloud, making this a sensitive spot. Some analysts describe the current movement as "licking the bottom of the cloud"—it sounds casual, but it’s actually quite risky.

Where is the key support? On the monthly chart, the $0.12–$0.14 zone is the line between life and death. As long as the monthly close can hold this area, the long-term outlook can still be considered a bottoming process. But if it breaks? Then it could enter a freefall scenario.

On the weekly chart, the $0.135–$0.145 support is still holding, but DOGE has already lost its previous uptrend line and is being suppressed by multiple moving averages. The current situation is being squeezed between the supply zone above and the support zone below, making the market very tense.

💡 The core logic is simple: $0.12–$0.14 is the dividing line. Hold this level = bottom is in; break it = bears take control. In the short term, it’s crucial to watch how this zone performs.
DOGE-5.34%
View Original
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
  • 5
  • Repost
  • Share
Comment
0/400
LuckyBearDrawervip
· 8h ago
0.12 couldn't hold either, it should have broken long ago
View OriginalReply0
SchrodingersPapervip
· 12-09 03:00
Licking the bottom again? Oh my god, my Dogecoin... If it breaks 0.12, I'll just cut my losses.
View OriginalReply0
CrashHotlinevip
· 12-09 02:49
If it can't hold 0.12, it's really over for Doge.
View OriginalReply0
CexIsBadvip
· 12-09 02:49
Dogecoin is dancing on the edge of life and death again. I'm betting it will break below 0.12.
View OriginalReply0
LoneValidatorvip
· 12-09 02:31
Licking the bottom of the clouds is such a perfect adjective, haha. The current pace of DOGE is indeed intense.
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)