DOGE Short-Term Trend Analysis: $0.21 as the Watershed for Bulls and Bears From a technical analysis perspective, DOGE's recent trend will revolve around the key price level of $0.21, leading to fierce competition.
If the price can effectively stabilize above this level, it is expected to activate bullish momentum, challenging the resistance level of $0.26; once broken, further targets can look towards the $0.31 level.
On the contrary, if it breaks below the $0.21 support, the price may quickly drop to $0.17, at which point DOGE will return to the oscillation range of $0.14-$0.26.
In the four-hour K-line chart, $0.22 and $0.21 form a double support line.
If the price rebounds effectively in this area, it indicates that the bullish forces are still in control; however, if it falls below this support range, the short-term downside risk will significantly increase,
