Analysis of DOGE:
According to the daily chart, DOGE shows a bearish trend. Investors are advised to look for shorting opportunities on the 4-hour chart, paying special attention to the purple dots as short entry signals.
If the DOGE price rises to the 0.10832 level but fails to break through effectively, it is recommended to wait for the next purple dot to appear and confirm clearly, and then prepare to execute shorting operations. The lower support area is set between 0.10394 and 0.09862, and further declines may find support at the 0.09173 level.
On the other hand, if the price successfully breaks through the long-short balance price at the 4-hour level after a pullback, it is recommended to shift attention to the 1-hour chart, wait for the long buy signal of the yellow dot, and consider adjusting the strategy.
The upper resistance range is expected to be between 0.11123 and 0.11424.
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