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#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.