The price of DOGE has pulled back to the level of $0.17, triggering discussions in the market about whether the trend has peaked. However, experienced traders often understand the logic behind market fluctuations—the market makers typically do not drive retail investors to rise straight up, but rather filter holders through pullbacks and oscillations.
Previously, when DOGE broke through 0.2 USD, it attracted a large amount of chasing funds into the market, while the current pullback may be designed to wash out floating chips. From a technical perspective, once the market stabilizes, the 0.17 USD level may become an ideal area for a second entry.
In the midst of market volatility, sophisticated investors tend to take a gradual position when it falls, rather than holding on to the currency at a high level. This kind of reverse thinking can often catch potential opportunities in panic moods.
The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
16 Likes
Reward
16
6
Share
Comment
0/400
FlashLoanLarry
· 14h ago
Buy fear points only
Reply0
SleepyArbCat
· 06-13 19:50
The entry fee for new suckers
Reply0
EyeOfTheTokenStorm
· 06-13 19:48
The technical aspect has shown signs of bottoming out.
The price of DOGE has pulled back to the level of $0.17, triggering discussions in the market about whether the trend has peaked. However, experienced traders often understand the logic behind market fluctuations—the market makers typically do not drive retail investors to rise straight up, but rather filter holders through pullbacks and oscillations.
Previously, when DOGE broke through 0.2 USD, it attracted a large amount of chasing funds into the market, while the current pullback may be designed to wash out floating chips. From a technical perspective, once the market stabilizes, the 0.17 USD level may become an ideal area for a second entry.
In the midst of market volatility, sophisticated investors tend to take a gradual position when it falls, rather than holding on to the currency at a high level. This kind of reverse thinking can often catch potential opportunities in panic moods.