DOGE has peaked? Shorts attack fiercely, hold the line
The 4-hour chart shows that DOGE has clearly entered the downward channel. Starting from the high of 0.48, the price continued to fall, and failed to test the support near 0.4, and then fell again, and the short attack became more and more fierce.
In the short term, the MA moving average has been below the price, and the short force is strong. The appearance of continuous negative lines means that the bulls have completely lost the power to fight back, and the market sentiment has turned pessimistic.
At the critical moment, can the "holding line" of 0.4 support DOGE's rebound, or will the shorts continue to crush the market? This game is about to usher in the decisive moment!
Follow Jiang Ge, grasp the trend changes, and don't miss any investment opportunities!
