DOGE big market alert! Institutions are sweeping up 68 million coins + rising triangle locking in key area, if you don't pay attention to this wave, you'll miss out.

Dear friends in the crypto community, today we must highlight DOGE. This is not an ordinary volatile market; it is a critical window where "institutional funds are entering" and "technical patterns are breaking out". A few days ago, someone asked me, "Is DOGE still relying on Musk for hype?" Looking at it now, it has quietly transitioned from a "meme coin" to an "institutional-grade asset". The upcoming range of $0.23-$0.25 will be the battleground for bulls and bears to determine the victor. I will break down the core logic, key points, and practical strategies, and after reading it, you'll know whether to take action or wait for signals.
1. Stop looking at Musk! This time, the institutional entry is the "qualitative change signal" for DOGE.
Many people still perceive DOGE as an "emotional coin", but recent actions by two major institutions have directly rewritten its fundamentals—this is not about short-term speculation, but rather laying the foundation for long-term value. Let me break it down for everyone from two dimensions:
1. Compliance Cooperation: Bitstamp platform, DOGE gets the "traditional finance ticket"
The Dogecoin Foundation's House of Doge is collaborating with Bitstamp, which is under Robinhood, and this is 10 times more important than you think. Don't just think of it as "just a collaboration"; the licensing of Bitstamp speaks for itself: it is a platform under a publicly traded entity on the New York Stock Exchange (NYSE), holding both a US MSB license and a EU MiFID license. What does this mean?
The DOGE treasury funds of CleanCore (backed by top crypto institutions like Pantera and GSR) will be held in custody by Bitstamp. In other words, this money is no longer "unregulated crypto assets," but is monitored by a compliance system at traditional financial levels. This step directly removes the label of DOGE as a "meme coin." In the future, whether institutions come in to allocate resources, or for DOGE payments and staking in these ecological applications, there will be a "safety net."
The CEO of House of Doge said, "Building the financial ecological foundation." Let me translate: In the past, DOGE fluctuated based on emotions, but now with regulatory support, institutions are willing to invest real money, which is the foundation for a long-term market.
2. Capital Bottoming: 68 million coins are just the beginning, 5% of the circulation will be taken away.
Even more explosive is CleanCore's move, first raising $175 million to establish a DOGE exclusive treasury, and on September 8th, directly purchased 2.85 million DOGE (worth about $68 million at the time), marking the largest single institutional purchase in DOGE's history. But this is just the appetizer:
Short-term goal: Buy 1 billion DOGE within 30 days;
Long-term goal: Secure 5% of the total circulating supply (currently, 142 billion DOGE are in circulation, so 5% is 7.1 billion).
Let me calculate an impact for everyone: Previously, the institutional holding of DOGE was almost 0, but now with CleanCore entering the market, it’s like giving the market a "sense of security"—traditional institutions have recognized its value. More importantly, the 7.1 billion coins taken away means that the market circulation will decrease by nearly 10%, directly reducing selling pressure, which provides more support for the price than 10 tweets from Musk.
2. The technical aspect doesn't lie! The ascending triangle has formed, and 0.23-0.25 is the "life and death line".
Institutional benefits are not given for free; they directly push the technical aspect of DOGE to "breakthrough". The current formation is a classic "ascending triangle". Those who understand the technology know that this formation either doesn't explode, or if it does, it's a significant trend. I will explain the key points and the logic behind them, so you can determine the direction yourself:
1. First look at the "gold content of the breakthrough": it is not a false rise, but real funds are entering the market.
Before the news of buying coins at CleanCore came out, DOGE was stuck in the $0.20-$0.23 range for more than a month (symmetrical triangle pattern), and many people couldn't hold on. As a result, once the news dropped, it directly broke through:
Standing above the 20-day moving average (0.225 USD) and the 50-day moving average (0.23 USD) is the "skeleton of the trend"; standing above both moving averages indicates a short-term trend reversal to bullish.
Break through the late August high of 0.24 USD and release the previous trapped positions, which requires capital support.
The trading volume increased by 40%, which is key! If it’s just a price increase without a corresponding rise in trading volume, it’s a "fake increase." But this time the trading volume has expanded simultaneously, indicating that real money is buying in, not retail investors driving it up.
2. Looking at the "current shape key": if 0.23 can't hold, it's done; if it breaks 0.25, it will soar.
Currently, DOGE is in a "rising triangle" pattern, and the rules of this pattern are very simple. Remember two key points:
Support level: 0.23 USD (lifeline for bulls)
This position is not set randomly; it is a "triple support overlap":
The 50-day moving average is here, and the moving average has a support role. A break below indicates that the short-term trend may reverse.
Fibonacci 0.618 retracement level (calculated from recent low of 0.2128 to high of 0.2416) this is a strong technical support;
The rising trendline (connecting the low of 0.2128 on September 8 and the low of 0.225 on September 12) has been broken, and the ascending triangle pattern has failed.
My judgment: If DOGE breaks below $0.23 (and the 4-hour K-line closing price does not hold), then it is very likely to retrace to the recent lows of $0.22 or even $0.2128. At this time, long positions must have a stop loss; don't hold on. Resistance level: $0.24-$0.25 (the bears' defense line). There is also significance to this range:
is the 0.382 Fibonacci retracement level, a technical resistance point;
Previous tests have failed multiple times, many retail investors are stuck here or taking profits, and there is significant selling pressure.
My judgment: If you want to go long, you must wait for a "breakout with volume above 0.25 USD". What does volume mean? At least 30% more than the previous hour's trading volume, and the 4-hour K-line must have two consecutive closes above 0.25 to avoid a false breakout. Once it breaks out, the next target is 0.27-0.28 USD (corresponding to the Fibonacci 0.236 extension level), which offers a considerable space.
3. Practical Strategy: Don't Bet on the Direction! Focus on These 3 Signals and Avoid Being Harvested
Many people think about betting when they see "bull-bear showdown", but it's actually unnecessary. I have 3 sets of strategies for different market conditions. Following the signals is more reliable than random guessing:
1. Bullish Strategy: Wait for the breakout, do not chase highs (win rate 70%+)
Entry timing: 4-hour K-line closing price stabilizes at 0.25 USD, and the trading volume is more than 30% higher than the previous hour;
Position: Do not exceed 10% of total funds when entering for the first time (control risk);
Stop loss: set at 0.245 USD (just below the breakout point, false breakout directly exits);
Buying opportunity: After breaking through and retracing to $0.25, if it doesn't drop below and shows signs of a hammer candlestick or small bullish candlestick, then add 5% to the position;
Target price: First target 0.27 USD (take profit half when it reaches), second target 0.28 USD (take profit when you see it good, don't be greedy).
2. Short strategy: wait for the breakout, do not guess the top (win rate 65%+)
Entry timing: The 4-hour K line closing price falls below 0.23 USD, and the trading volume increases;
Position: No more than 8% of total funds (short risk is greater than long, keep the position light);
Stop loss: set at 0.235 USD (if it breaks and rebounds without coming back to test, then confirm short position);
Target Price: First target 0.22 USD, second target 0.2128 USD (take profit when reached, do not chase shorts, avoid getting trapped by rebounds).
3. Wait-and-see strategy: No signal, do not act (the safest choice)
If DOGE continues to fluctuate between 0.23-0.25 USD, and the trading volume decreases (more than 20% less than the average volume of the previous day), then do not operate. In a fluctuating market, both longs and shorts will be harvested back and forth, with a win rate of less than 30%. It is better to wait until the pattern is clear before taking action.
Finally: For this wave of DOGE market, I'm only focusing on two points (follow me, don't miss out)
Many people ask me if "DOGE can be held long-term". In the short term, there are two key signals:
What is the progress of CleanCore's increased holdings? Can the plan to buy 1 billion coins in 30 days be implemented? Every large purchase will affect the circulating supply, and I will break it down in real-time.
The breakout direction at 0.23-0.25 USD, breaking 0.25 with volume is a bullish signal, while falling below 0.23 is a pullback signal. I will send out the strategy at the first opportunity.
This wave of market movement is not driven by emotions, but by institutional funds and technical patterns. As long as you focus on these two points, you won't miss out or get stuck. Follow me for timely updates on CleanCore's increased holdings and breakthrough signals at key levels. The crypto market moves quickly, and missing out means a loss. Let's seize this opportunity with DOGE together! #DOGE ETF上市#