$DOGE Suggestion:

• Short-Term Traders: Considering the oversold conditions, there could be a potential for a short-term bounce. However, given the overall bearish trend, caution is advised. Setting a tight stop-loss below recent lows around 0.13364 would be prudent to manage risk.

• Long-Term Investors: If the trend remains bearish and no significant reversal signals appear, it might be wise to wait for stronger confirmation of a trend reversal before entering new positions.

Conclusion:

The current chart suggests a downtrend with possible short-term oversold conditions that might lead to a bounce. However, the overall trend remains bearish, so any trades should be approached with caution and appropriate risk management strategies $DOGE #doge⚡