#数字资产动态追踪 DOGE this wave of market movement has many people going long, so let's analyze whether this approach is reliable.



**First, look at the technical entry logic**

On the 1-hour chart, RSI has reached 58, combined with the daily MACD histogram at +0.0042, indicating gentle but strong upward momentum. The price is stuck near the upper Bollinger Band at $0.154, showing short-term strength. The entry point targets around $0.151, and currently at $0.1521, a position can already be taken. The 5x leverage setup isn't aggressive—stop-loss set at $0.148(-2% of capital = about -10% position loss), take-profit target at $0.157(+4% of capital = about +20% position gain), with a holding frame of quick in and out within 48 hours.

The price has already stabilized above all key moving averages(1-hour EMA20 at $0.151, EMA50 at $0.149), establishing an initial upward trend. The liquidation heatmap shows a $41M long liquidation exposure in the $0.1447 range, which is a critical support level.

**What do derivatives data say?**

Open interest has decreased slightly by -0.75% over 24 hours, indicating participation isn't very hot, but the funding rate remains at a positive +0.01%, which is decent. Shorts have been liquidated for $3.6M, longs only for $2.7M, showing market sentiment leaning bullish. From a broader perspective, DOGE benefits from the rebound of the entire memecoin sector—PEPE, SHIB, Bonk are all rallying.

**What about the fundamentals?**

7-day increase of +23.8%, with strong weekly momentum. 24-hour trading volume is $2.00B, liquidity is decent. On-chain data shows about 95.9M DOGE are continuously unlocking weekly, and considering the inflation rate, short-term supply pressure is limited. Social media sentiment is bullish, community holding willingness is strong, though there are some concerns about long-term supply inflation.

**But risks must be considered**

The 4-hour RSI has already surged to 70, entering overbought territory. The MACD histogram is at -0.00044, indicating potential divergence risk at the 4-hour level, suggesting a high-level consolidation. Although open interest has decreased only by -0.75%, compared to mainstream coins like XRP, derivatives trading activity isn't very intense.

Most critically: as a memecoin, DOGE's volatility is inherently beastly, so position sizes should not exceed 10% of total holdings. If the price breaks below the 1-hour EMA20 support at $0.151, stop-loss should be executed immediately. If BTC or ETH suddenly undergo a major correction, DOGE could be dragged down with them.

**Operational details**

If within 48 hours the price hits the $0.157 take-profit target, it’s recommended to exit completely—don't chase higher. If within 24 hours the price fails to break through the resistance at $0.154, consider reducing your position by 50% and observe. The core idea of this approach is: quick in and out, avoid greed.
DOGE2,52%
PEPE1,65%
SHIB-0,48%
BONK0,64%
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
  • 9
  • Repost
  • Share
Comment
0/400
GweiTooHighvip
· 01-09 02:32
It's the same old story, 48-hour quick in and out... memecoin is just a casino, don't be fooled by the technicals.
View OriginalReply0
DragonSoarsvip
· 01-07 00:14
Rise up rise
View OriginalReply0
natadozvip
· 01-06 13:18
Paying Close Attention🔍
View OriginalReply0
natadozvip
· 01-06 13:18
Paying Close Attention🔍
View OriginalReply0
AllTalkLongTradervip
· 01-06 03:10
Dogecoin's recent move is a bit shaky; RSI has already hit 70, and you're still daring to jump in? I think it's risky.
View OriginalReply0
ZKProofEnthusiastvip
· 01-06 03:10
Hmm... Playing Dogecoin with 5x leverage sounds just like pushing chips at a casino. Engagement is still declining.
View OriginalReply0
BoredApeResistancevip
· 01-06 03:08
Dogecoin is all about gambling; no matter how beautiful the chart looks, it can't withstand a single Elon Musk tweet.
View OriginalReply0
ImpermanentPhilosophervip
· 01-06 03:08
Bro, this set of logic looks great, but I'm worried it's just talk on paper. RSI 58 already has us excited, and the 4-hour has reached 70. When the time comes, it's still us retail investors who get hammered.
View OriginalReply0
liquidation_surfervip
· 01-06 03:01
Dogecoin this wave is indeed interesting, but the 4-hour RSI is already at 70, and you still want to chase? Aren't you just asking for trouble?
View OriginalReply0
View More
  • 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)