11.8 Brother Tao Talks DOGE：

Currently, Dogecoin (DOGE) is at a technical crossroads. The price is fluctuating narrowly in the range of $0.16-$0.18, with a cumulative decline of nearly 30% since 2025, and a drop of about 20% in the last month. However, the market capitalization of $28 billion still highlights its market attention.

The technical indicators show a clear bullish-bearish divergence: on the bullish side, the daily chart has formed a compressed triangle pattern, which is often a precursor to significant volatility. Additionally, the trend lines on the 4-hour and daily charts are converging, suggesting a potential directional breakthrough in early November. If it can stabilize in the resistance range of $0.28-$0.30, it may confirm the return of the bullish trend.

The bearish risks cannot be ignored either: the death cross of the 100-200 EMA is gradually forming, and the bearish signals are stronger than last month. The price has breached the key structural support at $0.18 and is currently hovering around $0.16. More concerning is that long-term holders are experiencing large-scale sell-offs, with the reversal ratio of related behaviors reaching 36% on October 31, further exacerbating short-term volatility pressure.

For operational reference, one may consider making a move in the range of $0.18200-$0.18450, with the initial lower target at $0.17800, followed by monitoring the effectiveness of the support at $0.17500. The volatility of crypto assets is intense, so it's essential to manage positions and control risks. Wait for clear signals before acting in line with the trend. #doge⚡ $DOGE