$DOGE DOGE This pump-and-dump is a typical case of the main force using a Musk narrative to drive the price up and then distribute into the move. The hype looks hot, but it’s all been stacked up with leverage! A few days ago, when it was pushed up, the trading volume exploded to 3.2 billion—everything was long positions rushing in. Now the KDJ is in the overbought zone and it could turn at any moment. Although the MACD red bars are expanding, there are signs that the momentum is shrinking; clearly, the bullish momentum is running out fast. All of the overhead range of 0.111-0.114 is packed with trapped positions, so it basically can’t climb through.



Don’t think about chasing the top. This coin is just an uptrend continuation—after the main force lifts it, they’re going to dump it. I chased the top before and got trapped. These pumps that dump fast are even faster: once the hype fades, it’s instantly chaos all over the place.

If you want a more steady long, wait for a pullback to 0.100-0.102 to enter, with a stop loss at 0.089 and take profit at 0.114; if you’re more aggressive, now around 0.106 you can go long with a small position, with a stop loss at 0.096 and take profit at 0.12—when it’s good, take your profit and leave.

For shorting, wait until it spikes up to around 0.114 to enter, with a stop loss at 0.12 and take profit at 0.100; otherwise you’re basically just handing money over.

Even though the hype is strong right now, Musk hasn’t directly endorsed it recently—everything is just market expectations, which can fall apart at any time. Don’t let yourself get hung up on the bigger picture; take a bit of profit and run. I was the one who held on and didn’t run—I got trapped at high levels when the main force dumped the price. The longer you hold, the deeper you get trapped. Never believe any “payment” narrative; they’re all just excuses the main force uses to set up the pump.$BTC $ETH #WCTC交易王PK
DOGE3.08%
BTC0.07%
ETH-0.9%
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