Brothers often ask me how to look at the rise and fall of Dogecoin (DOGE). This needs to be analyzed comprehensively from market dynamics, related events, and technical aspects.

Recently, the Trump administration announced a 10% tariff on global imports, causing a crash in the US stock market. If market risk aversion intensifies, funds may withdraw from high-risk assets, and Dogecoin may face pressure.

Additionally, Musk's radical reforms have touched American interest groups. If there is political backlash, the market confidence in Dogecoin will also be affected.

From a technical perspective, Dogecoin has strong resistance around $0.20. If it cannot break through with volume, it may pull back to the support level of $0.18. Currently, the market trading volume hasn't significantly increased, making a breakthrough challenging in the short term.

Here's a trading suggestion: consider shorting near the pullback of $0.19800 - $0.20100, targeting around $0.19500 - $0.19000. The current market is volatile and the risk is high, so everyone must be cautious! #DOGE