Dogecoin Near $0.11–$0.12 Offers ‘Incredible Risk/Reward,’ Says Analyst

Crypto analyst Matt Hughes, who posts as “The Grea

Dogecoin Near alt=

Dogecoin Near $0.11–$0.12 Offers ‘Incredible Risk/Reward,’ Says Analyst

Crypto analyst Matt Hughes, who posts as “The Great Mattsby,” called the $0.11–$0.12 zone “incredible” risk/reward for Dogecoin in a Dec. 30 X post, sharing a weekly DOGE/USDT chart to argue the support is clearly defined. Another trader pushed back, saying traders may be “better off picking a good chart,” setting up a quick dispute over whether DOGE is a high-quality setup or just a cheap one.

Dogecoin chart analysis | Source: X @matthughes13
DOGE confirms the red zone as major resistance, 1-week chart | Source: DOGEUSDT on TradingView.com

Featured image created with DALL.E, chart from TradingView.com

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