Dogecoin Overbought Alert Triggered! Continue Holding Northbound or Take Profits When the Time Is Right?



Current price anchored at 3206, now 4:30 AM! The Northbound trend that started from 3070 has already gained over 100 points in profit! Currently, the market is just temporarily breaking through the 3200 level without reaching the expected target, and the bullish momentum has not yet exhausted.

Fans who can't hold on, Old Zhang recommends decisively taking partial profits to lock in gains; those who can withstand volatility can continue holding and watch the North. As for crypto friends who missed this wave, don’t rush to chase higher. Be patient and wait for the next dip southward. Blindly entering the market will only lead to being harvested by the trend!

On the daily K-line, before the report, the price range is locked at 3090-3215. The EMA trend indicator is still in contraction phase, which means the market is likely to oscillate around the 3200 level repeatedly, "boiling the frog." The upward momentum is still there, but there is also a possibility of a dip to test the 3000 level. MACD continues to increase volume, with DIF and DEA successfully crossing above the zero line in the short term; the middle band of Bollinger Bands at 3065 provides effective support, with resistance at 3285. The idea is clear: as long as the Northbound trend does not reverse, continue holding; for Southbound positioning, wait until this bullish momentum is completely exhausted!

Looking at the four-hour K-line, the U-shaped reversal pattern has completed perfectly, breaking through the key resistance at 3170 in one go, with the resistance now directly turning into support! MACD volume is increasing, with DIF and DEA breaking above the zero line and staying high; the upper Bollinger Band at 3175 and support at 3120. Be cautious, as the short-term has entered an extreme overbought zone, and a reversal could happen at any time.

Therefore, Old Zhang gives the most stable operation for Northbound holders: take profits at the high point to lock in some gains, and continue holding the remaining position to gamble, minimizing risk—that's the king way to survive in the crypto world! #eth $ETH
ETH5,91%
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