DOGE has recently shown bearish market pressure, with the price retreating from a high near $0.19 since mid-June, currently consolidating in the range of $0.13 to $0.25.

$0.15 is a key support level, which has not been effectively broken after multiple tests, and the RSI (Relative Strength Index) indicates that an oversold signal may lead to a rebound.

On the daily chart, DOGE has recently formed a potential double bottom pattern. If the bottom is completed (expected to take about 3 days), it may be accompanied by a significant rally.

If it breaks below $0.15, it may further test $0.13 or lower, probing for the 2024 low.

Recent news has generally been bearish, and the situation is likely to expand further, so the short side has a higher chance of winning compared to the long side. I placed a short order at $0.156 and successfully filled it.