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0.073 dollars for DOGE, dare you buy the dip?
Musk's net worth breaks a trillion, but DOGE falls back to 5 years ago. The 0.073 level has held for three whole weeks—is it a solid bottom or a "bull trap" set by the whales?
First thing: Musk's net worth is a trillion, but DOGE is playing dead
In mid-June, SpaceX's valuation surpassed 2 trillion, and Musk's net worth exceeded 1 trillion dollars. As the news broke, DOGE briefly surged to 0.09—and then? Then nothing.
In three days, DOGE dropped from 0.09 back to 0.073, leaving all the chasers stranded at the top.
Musk eats a burger, DOGE up 10%;
Musk posts a tweet, DOGE up 20%;
Musk's net worth hits a trillion, DOGE falls back to square one.
Second thing: 0.073 has held for three weeks, who's actually buying?
Looking at the K-line: DOGE dropped from the May high of 0.21, breaking through 0.15, 0.12, 0.10, and 0.085 along the way. Until 0.073—it stopped.
For three weeks, every time it's hit 0.073, it bounces back. RSI is at 27, extremely oversold. TD Sequential gives a buy signal on the daily timeframe.
Sounds like a bottom, right?
But the volume on each bounce is shrinking. The first bounce to 0.085 had decent volume; the second bounce to 0.081 had half the volume; the third bounce to 0.078 had almost no volume.
The 0.073 level isn't forming a bottom—it's "weaving."
After the weave, whether it pumps or dumps is up to the whales.
Third thing: You think you're buying the dip, but you're actually getting rekt
In 2021, DOGE went from 0.007 to 0.7, a 100x gain. And then? It's been falling for 4 straight years. How many people bought the dip at 0.3, 0.2, 0.1, only to be left with 0.073 now?
DOGE adds 5 billion new coins every year, with an inflation rate of about 3.5%. If you hold without doing anything, you get diluted by 3.5% annually.
Institutions? ETFs? Major use cases? None. The only narrative is: Musk might tweet something when he's in a good mood.
Bull vs bear, you decide
On one side (bulls telling stories):
RSI 27 oversold, TD Sequential buy signal
The 0.073 lifeline has held for three weeks, whales are protecting it
SpaceX IPO + Musk's trillion-dollar net worth, still hot
X Money integration rumors never die
On the other side (bears telling the truth):
Down 50% in a year, 12% in 7 days, trend is fully downward
Unlimited supply, 5 billion new coins sold annually
Bouncing on shrinking volume, buying pressure weakening
If 0.073 breaks, next levels are 0.06 → 0.05 → 0.039
Meme sector capital is fleeing en masse, AI is the new darling
Key levels
Resistance above: 0.078 → 0.085 (bounce lifeline) → 0.09 → 0.10
Support below: 0.073 (bulls' lifeline) → 0.068 → 0.06 → 0.05 → 0.039
Brothers already holding:
Either lie flat and play dead, or cut half around 0.08.
Brothers with empty hands wanting to buy the dip:
Wait for a confirmed bounce on volume—preferably a daily close above 0.078 with significantly increased volume—then go long with a small position. Set stop loss at 0.070, target 0.085 → 0.09.
Brothers thinking bigger:
Wait for a drop to 0.05-0.06 before considering phased entries. 0.05 was the bottom area at the end of 2024—a true "solid bottom zone," much safer than the current 0.073.
Position management:
Total meme coin positions should not exceed 10% of your total capital.
DOGE now is like itself in September 2024—
Everyone was shouting "it's bottomed," and it dropped from 0.06 to 0.03. Then everyone shouted "it's bottomed" again, and it dropped from 0.09 to 0.073.
DOGE's biggest risk isn't that it goes to zero—
It's that you rush in to buy every "bottom,"
and when the real bottom finally arrives, you're already out of money.
Remember: 0.073 is not a bottom—it's a "support level being tested."
The more times support is tested, the more likely it is to break.#0成本拿2股SK海力士 #美光市值超越Meta跻身全美前十 $BTC $ETH $DOGE