Dogecoin recently surged over 15% in the past 24 hours, with the current price approaching $0.00122 and peaking briefly at $0.00123. Behind this rally, trading volume has been impressive—over 4.6 billion coins traded in the last 24 hours—and on-chain activity has noticeably increased, with large holders starting to take action.



However, the details behind this price increase warrant closer inspection. From a technical perspective, the MACD indicator remains in the negative zone, and the KDJ is oscillating without forming a clear bullish signal. More importantly, the $0.20 level still acts like a wall overhead, and the price is currently fluctuating within the old consolidation range of $0.14–$0.15. Although trading volume has expanded, whether it can effectively sustain the upward momentum remains uncertain.

Is this wave of movement brewing a major rally or just a repeated trap? The key depends on whether the price can break through these technical resistance levels. The market is highly likely to diverge here—either continuing sideways consolidation to build strength or breaking through upward. Future trading volume and further confirmation of indicators will be crucial references for determining the direction.
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ForkYouPayMevip
· 12-16 12:19
It's the same old trick again. A 15% increase gets everyone excited, but MACD is still hiding in the negative zone. Isn't that funny? The trading volume is somewhat interesting, but this broken 0.20 feels like there's no hope. It's still bouncing around the old range, just a trapped beast. The probability of a false breakout is very high. Brothers, don't be fooled. It's always the same pattern: big players enter, then retail investors take the bait, cycle after cycle. If the 0.14 line can't hold, it will be even more awkward. I'll wait for a confirmed signal before making a move. Whether this wave can break through is really uncertain. With KDJ so volatile, it has little reference value. Honestly, it hasn't decided whether to go up or down. I just want to see how the trading volume develops next.
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WhaleWatchervip
· 12-14 13:50
It's the same old trick again, volume increases but indicators don't follow, clearly a manipulation to attract buy-ins. Starting to get bullish at 15 points? I think it's just wishful thinking. That $0.2 barrier won't break, everything else is pointless, forget about it. With such fake trading volume, I suspect the whales are just playing themselves. Too many talks about sideways accumulation, 99% of the time it ends up just continuing sideways. Whale actions? Haha, they sell and then run, we just follow and get caught. Let's wait until a real breakout, currently entering is purely gambling mentality.
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SmartContractRebelvip
· 12-14 13:30
15% just to tempt me? 0.20 is still a tough nut, this wave is probably going to trick more retail investors into buying in --- Trading volume increases and you get excited, but indicators are still in the negative zone. To be kind, call it building momentum; to be blunt, it's weakness --- Is it a bull trap or a real breakout? Once it breaks through 0.20, it's over. Anything else is nonsense --- Again sideways trading or breaking through, can we just get a clear answer? --- Whale activity? I want to see when they plan to run away --- 46 billion in trading volume sounds impressive, but the indicator is still sleeping over there. Isn't this just an emotional rally? --- How thick is this 0.20 wall? Every time, it gets stuck here --- Instead of guessing when a big rally will happen, it's better to wait until it actually breaks through --- With such poor technicals, how come it still rose 15%? That's a bit suspicious --- No confirmation from the volume increase, so don't take it too seriously
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failed_dev_successful_apevip
· 12-14 13:29
It's the same trick again. When prices go up happily, you're also happily caught in the trap. Why does this 0.20 barrier always seem to be there?
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ruggedSoBadLMAOvip
· 12-14 13:26
Another false alarm. This wave of gains looks great, but the MACD is still lying on the floor. That $0.20 resistance really held strong. Whether the trading volume can keep up is the key. The feeling of being manipulated to buy more is quite strong. I'm still on the sidelines. Dogecoin's behavior is like this: it rises quickly and falls just as fast. I'm exhausted. Can it break through $0.20 this time? I bet it will pull back again.
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LiquiditySurfervip
· 12-14 13:21
Another requiem, big players are dancing while we're getting beaten. 0.20 still can't break through, I think it's suspicious. The probability of诱多 is very high, wake up brothers. Is the volume not matching? Stop dreaming, can't push up. MACD is lying in the negative zone, can you trust this rally? People have been cut, yet they still fantasize about a big market... Breakout or continue sideways? Let's see how next week's volume looks. A 15% increase can't even make a difference, it's a bit embarrassing. It's the same old script, with fake-looking trading volume.
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