Everyone’s calling DOGE dead around $0.09, which makes sense from a sentiment point of view, but the price action looks a bit more nuanced.
| It’s been sitting in a really tight range, just coiling around that level. Usually when things compress like this, it’s less about slow bleed and more about building up for a sharper move. The key thing is that $0.09 keeps getting tested and hasn’t broken yet, but it’s also not bouncing hard either. Feels like pressure is building both ways. If it loses that level, I’d expect a quick move lower, but if it breaks up, the move could be just as fast in the other direction. So I’m curious do you see this as a setup for a breakout, or just a weak level that’s about to give way? [link] [comments] |