$DOGE Morning Analysis

Yesterday's short position around 0.355 ended up losing strength and didn't go up 😅

Currently, there are signs of a pullback. Last night it was at this position and is still here, showing a range of fluctuations, with a fluctuation space between 0.337 and 0.344. Currently, it is at a high of 0.42, and trading volume has clearly decreased. The volume has contracted, and from the Fibonacci retracement perspective, it will return to the golden retracement line that hasn’t been reached yet. During the decline, there will definitely be slight upward movements. After a little pullback, going short would be fine. So, in my personal opinion, making a short is not a problem.