On the morning of 11.28
doge is currently around 0.1523. Observing from a 1-hour level, it is now operating near the lower band of the Bollinger Bands, indicating a short-term weak position; the short-term trend is bearish, but there is support at the lower band, which may lead to narrow fluctuations within this range. Recent candlesticks are mainly small bearish and bullish, with short upper and lower shadows, indicating that short-term selling pressure slightly prevails, and the bearish strength is somewhat stronger in the tug-of-war between bulls and bears.
KDJ's three lines are all at low levels, suggesting short-term oversold signs and potential rebound demand.
MACD: The DIF line is below the DEA line, and the MACD histogram is green, showing that short-term bullish strength is weak.
Overall, the short-term trend seems to be oscillating downwards, with slightly stronger bearish strength. Prices may fluctuate between the lower band at 0.15205 and the middle band at 0.15333; if the lower band holds effectively, a further rebound is possible; if it breaks below the lower band, the short-term risk of decline increases.
It is suggested to lightly enter around the position of 0.1533--0.15502 for a rebound, with targets looking towards the area of 0.15121--0.14983.
The above is only personal advice, for reference only; please refer to the layout of Haoyu Shipan
$DOGE
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