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#数字货币市场洞察 Evening session on December 3rd, the $DOGE price action is quite interesting.



First, the price action: It quickly surged from 0.145 to 0.152—a sizable increase—but after the spike, it couldn't hold and started to fluctuate and retrace. The latest few candlesticks are alternating red and green. The bearish closes show some signs of fatigue; the bulls made an aggressive push, so taking a breather here is normal. Overall, the price is still hovering within the high range, with no clear breakout.

Looking at key technical levels: The middle band of the Bollinger Bands is at 0.15014, the upper band resistance is at 0.15089, and the lower band support is at 0.14940. This range is really tight, and the price is grinding back and forth near the middle band, with no clear direction yet.

For indicators: The J value of the KDJ is at a relatively high level, and the K line has just crossed above the D line, showing a golden cross signal. In theory, there's still room for a short-term rebound. But keep in mind, after overbought conditions, it can easily reverse, so be cautious. As for the MACD, the DIF is still below the DEA, and the histogram is green, indicating weak technical strength. The good thing is, both red and green bars are not large, meaning neither bulls nor bears are fighting fiercely—it feels more like a lukewarm tug-of-war.

Trading strategy reference: Watch the 0.1509 Bollinger upper band resistance; if it holds above, there's a chance to retest the previous high at 0.152. On the downside, if 0.1494 support breaks, the correction could extend to 0.148. As for strategy, if the price rebounds to the 0.152-0.155 range, consider light short positions, targeting the 0.148-0.145 area.

Of course, this is just my personal post-market observation. Actual trading should be based on real-time market changes. Also, watch for $XRP 's correlation effects tonight.
DOGE-2.89%
XRP-4.92%
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governance_lurkervip
· 12-03 12:41
The Bollinger Bands are picking vegetables again, and Doge still has no sense of direction.
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GasFeeVictimvip
· 12-03 12:40
The Bollinger Bands are so narrow, it feels like we're just waiting for a breakout in either direction.
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GhostAddressMinervip
· 12-03 12:24
The Bollinger Bands are so narrow, which indicates an issue with chip distribution. I’ve tracked this wave on-chain, and the concentration of that address below 0.148 is too suspicious. Some early holding addresses have recently shown signs of abnormal transfers. For something like DOGE, good technicals are just smoke and mirrors—the key is to watch the capital migration patterns.
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NotSatoshivip
· 12-03 12:18
Is DOGE playing paragliding again this round? Pumping up and then letting go all of a sudden. The Bollinger Bands are squeezed tight, looks like it's just grinding. KDJ is overbought and easy to reverse; I've used this to catch the bottom before. MACD is still in the green, the pace is a bit sluggish, but that's how it is. If 0.1509 can't be broken, don't make any rash moves.
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