DOGE's current price is oscillating near the middle band of the Bollinger Bands, with the upper and lower bands starting to slightly widen, indicating that the market is gradually entering a phase of increased volatility. The short-term moving averages are converging upwards, and bulls are clearly testing the possibility of a breakout.
Short-term traders can focus on the resistance level of the upper Bollinger Band; if there is a surge in volume and an upward attack, short-term opportunities are worth following up on. However, for the selection of the mid-term trend, patience is still required to wait for key signals.
In the market's confusion, it’s better to observe the hunters; let me help you see the next move clearly!
