DOGE's recent trading volume movements are quite interesting. The 30-minute trading volume surged by 63.5%, with the current price at 0.12289 USDT.
From a technical perspective, 0.12292 is a key support level, almost touching the current price (1-hour baseline distance 0%), with another support zone between 0.1216-0.12292 below. This area is already very close to the critical support; from a long position perspective, it’s worth paying attention to.
The specific trading idea is as follows: place a buy order around 0.12292, with the resistance level set at 0.12635 as the take-profit target.
Such a sharp increase in volume usually isn’t a false alarm. It often indicates that the market is about to start moving, so keep a close eye on how DOGE develops next.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
10 Likes
Reward
10
7
Repost
Share
Comment
0/400
TokenSleuth
· 5h ago
63.5% increase in trading volume. This wave of DOGE really has some potential, but I will wait until it drops to 0.1216 before buying in.
View OriginalReply0
DegenWhisperer
· 11h ago
Trading volume surges by 63.5%? Dogecoin is about to take off, and this time it feels real.
View OriginalReply0
GateUser-9f682d4c
· 12h ago
The thing I fear most about the surge in trading volume is a false breakout. I got caught last time.
View OriginalReply0
ImpermanentPhilosopher
· 12h ago
63.5% of the volume has expanded... This time, it really feels different, like it's about to move.
View OriginalReply0
TxFailed
· 12h ago
honestly that volume spike gives me transaction ptsd vibes... technically speaking, every time i've seen this exact setup the rug came three candles later lol
Reply0
ChainChef
· 12h ago
volume spike like this? recipe's about to get spicy. that 0.12292 support is basically simmering at the perfect temp rn... might be the ingredient we need to flip this thing long. ngl, watching the order book marinate here is giving me that pre-launch flavor vibes 🍳
Reply0
CryptoFortuneTeller
· 12h ago
The volume surge trick I've seen many times before. Whether this time is real or not, it's hard to say.
---
The 0.12292 level is really being held tightly. It would be more interesting if it can break above.
---
Wait, are they drawing lines again? Every time they say it's about to start, the price drops even more sharply.
---
63.5% of the volume, hmm... at least it shows someone is trading. Whether to follow along depends on luck.
---
Place an order? I'll wait and see first. DOGE has too many tricks.
---
I've seen this kind of analysis a hundred times, but the final outcome is often different each time.
DOGE's recent trading volume movements are quite interesting. The 30-minute trading volume surged by 63.5%, with the current price at 0.12289 USDT.
From a technical perspective, 0.12292 is a key support level, almost touching the current price (1-hour baseline distance 0%), with another support zone between 0.1216-0.12292 below. This area is already very close to the critical support; from a long position perspective, it’s worth paying attention to.
The specific trading idea is as follows: place a buy order around 0.12292, with the resistance level set at 0.12635 as the take-profit target.
Such a sharp increase in volume usually isn’t a false alarm. It often indicates that the market is about to start moving, so keep a close eye on how DOGE develops next.