Musk and Trump publicly clash, triggering a market storm:


The catalyst for all this was the public dispute between Musk and Trump, which directly led to panic in the market. Once attracting countless speculative funds, DOGE is now facing unprecedented pressure. With the decrease in Musk's support, confidence in the crypto market is gradually eroding, and the appeal of DOGE as a speculative asset is sharply declining. 💥
Technical analysis suggests a "death cross" pattern:
From a technical perspective, DOGE has confirmed a bear flag pattern on the weekly chart! After the price broke below the $0.20 support, it is currently testing the $0.15 support level. If this position is breached, the price may rapidly decline, potentially reaching a low of $0.06, a drop of up to 66%, which means holders' assets will face significant depreciation!🔻
RSI indicator exposes bearish signals:
Currently, the Relative Strength Index (RSI) of DOGE has fallen to 43, indicating increased selling pressure and a strong bearish sentiment! If DOGE fails to hold the key support levels (such as $0.14 or $0.13), breaking below these levels may trigger a panic sell-off that accelerates the downward movement.
TRUMP-2,5%
DOGE-3,27%
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