According to the latest technical analysis, the short-term trend of DOGE seems to still be in a downtrend channel. From the 4-hour chart, there is currently no clear signal of a stop in the fall, which means the market may continue to be under pressure.



Upon further observation of the 1-hour chart, we find that the RSI (Relative Strength Index) has shown a significant top divergence. Although the price has slightly rebounded, this divergence is typically seen as a potential bearish signal.

In the current market situation, investors can focus their attention on the price level around $0.22522. This level is not only a support area that has been tested multiple times in the past, but it also aligns with the reasonable target level for the current pullback.

It is worth noting that the cryptocurrency market has always been highly volatile, and investors should carefully assess risks before making any decisions, taking into account various factors for a comprehensive analysis. Additionally, market sentiment and external events may also have a significant impact on the short-term trend of DOGE, so it is crucial to maintain continuous attention to market dynamics.
DOGE3.27%
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HappyMinerUnclevip
· 22h ago
Already cleared DOGE, just lying flat and watching the show.
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SeasonedInvestorvip
· 22h ago
No! How many people are going to get liquidated again?
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TokenomicsTinfoilHatvip
· 22h ago
Fall is fall, anyway I've already numbed.
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GasFeeSobbervip
· 22h ago
I'm never buying coins again after it crashed.
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