Well my mythical support at thirty cents seems to be just a dream. I’ve been putting off posting about a psychological support at $0.25 — but now I’m putting it into the universe.
Since there are no true market forces at work on DOGE, let’s just say the moon might be ready to support that 30¢ Floor i keep waxing on and off. I did go in for a little... and I mean a little more of the coin when it was as low as 19¢ these last few days.
Each day that DOGE floats above thirty cents is impressive, but the recent micro trend downward concerns me a bit. Anyone else worry that market heuristics are pretty much useless with this coin? Perhaps the phases of the moon are more indicative.
This is a soft support for the super volatile coin, but if it sticks today, it’s good news for retail investors who came in around this level.
I’m a little shocked but pleasantly surprised that DOGE has recovered/stayed so steady today. I lost 10-12% on everything else. I’m still long. Looking forward to the after action reports from folks with more experience.
Just had a feeling about this. But some lines I drew previously also pointed to this.
Would be great if the floor stays around where I came in.
At least that’s what I’m hoping. Source: me, guessing.