DOGE
It's been a while since we've talked about Dogecoin, and this wave of memes is relatively weak.
Currently, it's still a neutral oscillating market. The technical indicators are indeed bearish, the moving averages are in a bearish arrangement, and the evening star pattern has emerged, but the downward momentum is weakening. The RSI is neutral, and the volatility is quite low, making it quite difficult to break down in the short term.
In terms of the external environment, ETH is approaching its historical high, and BTC liquidity is increasing, which is positive; however, the Federal Reserve's decisions and on-chain phishing incidents are suppressing sentiment.
Operational thoughts:
If it stabilizes around 0.21, one can consider going long, aiming for the 0.21 range. This is a range-bound market, high sell and low buy, don't fantasize about a one-sided move. Control your position well, and defense is always the priority.
