$DOGE I am not like others who will use flowery language, putting on a mask to disguise themselves. I won't do that; I think it's too exhausting. I also won't leave half the words for you to guess. I will just be my most authentic self, and whatever happens, happens. Since we got to know each other here, let's be more sincere and less scheming. Being open and honest is rare and valuable.
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$DOGE Today the weekly line closed, but the doge's weekly line did not close well. Please look at the chart; doge's weekly line formed a typical bearish engulfing pattern, which everyone recognizes and knows what it means. This week, doge closed a bearish candlestick that completely engulfed the previous two weeks' bullish candlesticks, and it was an entity engulfing.
If doge breaks below 0.36702, it may even go to 0.29866 to seek support, hoping Elon Musk comes out and says something.
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The high and low points of doge at the 4-hour level are also decreasing. Whether it will go in the direction indicated by the red arrow in my chart is uncertain, but let's pray that doge does not break below 0.38804! If it breaks, it will follow the path I drew.
The 4-hour level is also forming an M top, and an M top has already formed from multiple perspectives; doge needs to pull back.
Moreover, the second coin is very weak, and the exchange rate of the second coin is even weaker. To break the deadlock, doge must break through and stabilize at the 4-hour level of 0.41592 to look upward; otherwise, there will be no solution at 0.42332-0.45536-0.48434.
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I don't know if any of you feel the same as I do; I always feel that this bull market is missing something. Is it that the atmosphere is not right, or is the pullback not adequate? There is completely none of the previous bull market's thriving scene, more like a dead silence.
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Finally, for those who want to buy doge, please look at the three marked positions in the chart. If possible, buy in batches and manage your positions well. After buying, just hold on and don’t overthink to create anxiety for yourself. Being stuck in a position just means holding for a few more days; it won't go to zero. The future of doge is worth looking forward to; doge has already established a government department, so what else is there to fear? I hope my analysis is helpful to all of you! Meeting adjourned.