I. Overall trend and market overview
DOGE has quickly retraced from the high of 0.3986, touching a low of 0.3140, overall showing a pattern of oscillating downward. The current price is trying to stabilize above 0.3200 and initiate a slight rebound. Although the short-term trend remains weak, signs of rebound and repair have emerged, and market sentiment is gradually shifting to a wait-and-see approach.
II. Technical indicator detail analysis
Moving average system（EMA, MA）：
MA30-day moving average：The price is currently operating around 0.3292, attempting to break through this short-term key level. If it can stabilize above this line, the price may further test 0.3400.
Bollinger Bands（BOLL）：
The lower Bollinger Band provides significant support for the price. If the price breaks below this level, it may accelerate the decline towards the 0.3000 area.
Middle band：It is an important resistance level for the current rebound. If the price breaks through and stabilizes at the middle band, it is expected to further test the upper band of the Bollinger Bands.
RSI（Relative Strength Index）：
RSI is hovering in the 30-40 range, just leaving the oversold zone, indicating that there is some room for market rebound, but the strength is relatively limited.
MACD（Moving Average Convergence Divergence）：
DIF and DEA are still below the zero axis, but the bearish momentum bars are shortening, indicating that the downward momentum is weakening, and a short-term rebound trend is relatively clear.
Volume observation：
Volume increases on declines and decreases on rebounds, indicating that market sentiment remains cautious, and the rebound strength is insufficient. If the trading volume cannot continue to expand today, the price may face the risk of oscillating downwards.
III. Today's operational strategy
The current market is mainly oscillating, and short positions can attempt a high sell-low buy strategy with light positions, gradually taking profits at highs and avoiding chasing prices.
Long strategy：
Entry range：0.3220-0.3250.
First take profit level：0.3310.
Second take profit level：0.3490.
Stop loss level：0.3100.
Overall, DOGE is currently in a stage of oscillation and repair, with limited short-term rebound space. It is recommended to focus on 'buy low and sell high', paying close attention to the breakthrough situation of the 0.3100 support and 0.3319 resistance. Maintain caution in operations, control positions, and avoid blindly chasing prices.
