2026-01-09 05:24:57

DOGE's recent correction has been quite fierce. The price is firmly stuck below the 20-day moving average at 0.14623, with very weak rebound strength, not even reaching the 10-day moving average at 0.14337, clearly showing a weak trend.

The RSI has already dropped to 36, which according to conventional theory should be oversold, but what about the actual market? It can't bounce back at all. The bulls obviously have no more strength left.

What's even more painful is the trading volume—it's directly shrinking, with participation clearly declining. This kind of liquidity crunch situation is quite risky; once the bears gain momentum, it can easily break through. Currently, the price is around 0.14231, so it seems prudent to remain cautious in the short term.

DOGE-0,93%

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0xDreamChaser

· 17h ago

A truly bearish mindset, the volume has really shrunk to an extreme The bulls have long lost their strength, I find it hard to reverse RSI36 can't even bounce back, this market really looks shaky With such a volume contraction, a slight poke could break it Wait until it breaks below 0.142, then talk. Holding positions now is just gambling

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rugpull_ptsd

· 01-09 05:54

Why is it still falling? Damn it, I bought the dip.

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AirdropFreedom

· 01-09 05:53

The bulls are really running out of steam. As soon as the trading volume shrinks, I know something's about to happen.

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OnchainDetectiveBing

· 01-09 05:46

The bulls are exhausted, and this time there's really no hope.

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HodlKumamon

· 01-09 05:43

Xiongxiong just did a quick calculation, and the statistical significance of this wave of decline is indeed evident. Liquidity is really quite concerning. The shrinking trading volume is like Xiongxiong's investment account—it's heartbreaking to watch. The bulls are really out of strength, everyone. Actually, during such times, dollar-cost averaging can be more comfortable. Don't get caught up in those few cents in the short term; the data speaks for itself. Wait, is the RSI36 still not bouncing back? This rhythm doesn't seem right; what could it be hinting at? My suggestion is to add a small amount for psychological comfort, then go to sleep. Don't watch the market obsessively—Xiongxiong will worry about it for you.

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LayerZeroHero

· 01-09 05:40

It has proven that RSI36 really cannot turn around. What does this indicate? The support points at the protocol layer have been directly penetrated, and the risk of liquidity fragmentation is now imminent.

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DeFiCaffeinator

· 01-09 05:38

Oh no, I'm trapped again. This crappy coin is really testing my patience. I should have cut my losses and run at 0.15. If the trading volume really dies, something bad will happen.

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