8.20 Afternoon Doge Analysis:
Dogecoin is currently in a rebound and repair stage, showing some reversal signals, but the market performance reveals pressure — the price once closed with a bullish candle to the middle band of the Bollinger Bands but quickly faced resistance and fell back, leaving a long upper shadow, indicating significant selling pressure above.
The short-term core focus is on the key level of 0.215: if it can break through and stabilize, the upward channel is expected to open; conversely, if it fails to break through, one must be wary of the possibility of creating a new low in this phase. #杰克逊霍尔会议