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The evening sell-off of $DOGE belongs to the North American market, while the morning and midday rallies are during Asian trading hours. Continuous rallies have boosted user confidence in the Asian region, leading to increased positions in DOGE. Tonight's unusual activity of $DOGE is essentially an early accumulation of chips by North American capital to clear the leverage of morning Asian users and to realize profits on some chips. Based on the above inference, this pullback will likely reach the morning breakout point around 0.32, clearing leverage while also narrowing the entry space. Set buy limit orders at 0.33 and sleep peacefully.
The evening sell-off of $DOGE belongs to the North American market, while the morning and midday rallies are during Asian trading hours. Continuous rallies have boosted user confidence in the Asian region, leading to increased positions in DOGE. Tonight's unusual activity of $DOGE is essentially an early accumulation of chips by North American capital to clear the leverage of morning Asian users and to realize profits on some chips. Based on the above inference, this pullback will likely reach the morning breakout point around 0.32, clearing leverage while also narrowing the entry space. Set buy limit orders at 0.33 and sleep peacefully.
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