Looking at the recent decline of DOGE, many people chased in at $0.20. Now, they are either cutting losses at $0.117 or their mentality is exploding. To be honest, this kind of movement is exactly what the main players love to see—the retail investors trample each other, and a large amount of chips are flowing out.



But I think this is worth paying attention to. From a technical perspective, the RSI has already dropped to 26, an extremely oversold zone. Looking back at Dogecoin's historical K-line charts, every time it reaches this level, it is almost the starting point of a rebound. The $0.117 level is not just a number; it’s more like a psychological defense line in the market—many large orders are placed around this area, and the downward momentum is clearly weakening.

Thinking from another angle, when the market is filled with panic and everyone is selling off, it is often the best time to build positions in the opposite direction. This is not the end of the trend, but a market cleansing the restless chips. Truly confident players should now be taking advantage of the dip to accumulate, rather than panic-selling in a frenzy.

The key is to manage risks properly and avoid going all-in. When Ethereum’s entire ecosystem rebounds and various concept coins perform well, the gains from early positioning will be quite substantial. The darkest hour before dawn is often the last chance to get on board.
DOGE7,67%
ETH0,96%
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OnchainDetectiveBingvip
· 8h ago
The ones who cut losses are the ones scared out; the real chips are in the hands of big players. This is just a shakeout.
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APY_Chaservip
· 8h ago
0.117 Is really the bottom? It feels like it still needs to drop another round.
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AirdropGrandpavip
· 8h ago
There are indeed people buying around 0.117, but the problem is, how high can the rebound go? If it drops again to 0.08, I would be devastated.
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fork_in_the_roadvip
· 8h ago
Is it the same old story, RSI26 is about to rebound? Last time I heard this, DOGE had dropped to 0.08. There are indeed many with explosive confidence, but I am more worried about those confidently taking the plunge.
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