$DOGE
Subsequent Analysis ＋Market Analysis：
Dogecoin's performance last night was as Jinbao said, it did not stabilize above the resistance zone, only briefly broke through 479 to 481 and quickly fell back. However, the speed of washing out last night was indeed fast; a quick spike went down, and it is estimated that it also hurt a group of long position friends!
It is expected that in the short term, Dogecoin will continue to oscillate sideways to show a trend of up and down spikes. Friends holding short-term contracts should be cautious and not enter blindly. Friends holding spot should not worry; Jinbao's view remains unchanged, Dogecoin at 0.48 is just a beginning, not an end!
I believe many friends who pay attention to Dogecoin have already received news at the first time. Yesterday afternoon, Dogecoin and MyDoge wallet's UX/UI designer DogeDesigner posted a new tweet about the Dogecoin application on social platform X. He mentioned in the text (Image 1):
Elon Musk's Boring Company has begun accepting Dogecoin payments, and now you can book rides and pay with Dogecoin. After the tweet was released, the price of Dogecoin quickly soared from 0.428 dollars to 0.48 dollars, followed by a significant pullback last night.
This DogeDesigner is also very close to Elon Musk; one could say they are partners! (Working together on Dogecoin, together supporting Dogecoin) Interaction on X is also very frequent, and today DogeDesigner continued to post on X stating (Image 2) that Tesla only accepts Dogecoin as payment for goods, not Bitcoin!
At noon, he posted again with a very meaningful image (Image 3) and captioned: This is inevitable! Those with insight can see it at a glance; they want Dogecoin to sweep the U.S. government! It is evident that their ambition is very large, which further illustrates the position of Dogecoin in their hearts! Therefore, in the long run, Jinbao will still be optimistic about Dogecoin!
Follow Jinbao, and suitable entry opportunities will be notified to everyone as soon as possible!
Short-term Market Analysis：
DOGE daily level has touched the upper Bollinger band and shows signs of pullback MA shrinking
4-hour level shows a breakout of the upper Bollinger band, spiking at the daily level resistance, and then retracted to the 4-hour support around 0.420 MACD shows a dead spike trend MA shrinking
1-hour level shows a breakdown of the Bollinger band and then sideways oscillation, currently at around 0.432
Short-term Trading Suggestions: 0.413-0.410 buy 0.405 Sun Targeting 0.447-0.460
