$DOGE

1. DOGE/USDT Market Trend：

• The price has risen in a short period, indicating a certain bullish sentiment in the market.

• The long-short account ratio shows a higher proportion of longs (76.3%), indicating that bullish sentiment is dominant and suggesting strong bullish sentiment in the market.

• Trading volume has increased during the recent price rise, but there has not been a large-scale volume surge overall, which may indicate that there is still room for further upward movement but caution is needed against false breakouts.

2. MACD Indicator：

• The short-term MACD shows a shorter red bar and signs of a pullback, which may indicate that the upward momentum could weaken in the short term.

• It is necessary to observe whether an effective rebound will form near the support level or if it will break the support and turn bearish.

3. Support and Resistance:

• The short-term support level near the current price is around 0.390, and the short-term resistance level is around 0.402.

• If the price breaks above 0.402 and stabilizes above it, further upward movement is expected.

• If it falls below 0.390, caution is required, as it could shift into a correction or downward trend.

4. Position Building Suggestions:

• If you wish to go long: You can wait for the price to pull back to around 0.390 and stabilize before gradually increasing your position, with a stop-loss set below 0.380.

• If considering a short position: You can try to go short as the price approaches around 0.402, with a stop-loss set above 0.405.

5. Risk Control:

• Position control is very important; light position trading is recommended.

• If there are large fluctuations in a short period, you can choose to wait and observe, and enter the market once the trend becomes clear.