According to Trader Tardigrade, Dogecoin ($DOGE) is experiencing a significant price pump, with the token going parabolic on lower time frame (LTF) charts. The rapid momentum has pushed $DOGE closer to the $0.2 resistance level, sparking increased trading volumes and heightened interest among traders. Technical analysis suggests that if current momentum is sustained and key resistance at $0.2 is breached, a breakout could trigger further upside potential. Traders are advised to monitor volume spikes and short-term support levels for optimal entry and exit points (source: Trader Tardigrade on Twitter, May 1, 2025).

According to Liquidity Doctor (@doctortraderr), a short position on Ethereum ($ETH) is suggested on lower time frames (LTF) as a new lower high is likely if the green line support is lost.