#DOGE $DOGE DOGE market interpretation:
The DOGE market currently shows a buyer's advantage in the 1, 2, and 4 hour time frames. Today, the market focus is on the long-short turning point on the 4-hour chart, which is the key price of 0.12031.
When the price tests downward, three support levels will become the guardian of the market. The first is 0.11887, which will provide initial support for the market; followed by 0.11609. If it falls below this level, the market will further test the strong support level of 0.11356.
However, once the market starts to rebound, investors need to be wary of three pressure levels. The first is 0.12537, which will test the market's recovery momentum; if it successfully breaks through, it is necessary to pay attention to 0.12675, which is an important psychological barrier; and 0.12872 is the key pressure level above. If it can be effectively broken through, the market will open up new room for growth.
In short-term operations, the comparison and change of long and short forces is like a war without gunpowder. Investors need to be vigilant at all times, respond flexibly to market changes, and seize every investment opportunity.
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