10.14 Morning DOGE Analysis:
The DOGE hourly chart shows a downward oscillation, with small bearish candles appearing repeatedly and frequent pullbacks from high levels, indicating insufficient short-term bullish momentum and gradually increasing selling pressure.
From the daily perspective, after a series of rebounds driven by previous large bullish candles, we are currently entering a slight adjustment phase. Although there is still a basis for rebound overall, the adjustment pattern has not yet ended under the weak transmission of short cycles.
My suggestions are:
• Short near 0.218
• First target 0.203
• If it breaks down, continue to look towards 0.190
• Set stop loss above 0.225 to control risk
In this weak adjustment, following the trend is more prudent than trying to catch a bottom against it.