$DOGE

April 28, 2025 DOGE Market Analysis

(For reference only, not investment advice)

Current Price: 0.17655 U

Trend Structure:

1. Breaking below the trendline, short-term turning bearish

DOGE had been following an upward trendline, but it has now confirmed a break below the support line and is beginning to decline in volume, with the short-term structure weakening.

2. Key Level Analysis:

• Upper Resistance: 0.17985 U

• Lower Support: 0.17215 U

There is a risk of continuing to test around 0.1721 U or even lower in the short term.

Strategy Interpretation in the Chart:

• Entry Point: Around 0.17655 U

• Stop Loss: 0.17985 U

• Target Price: 0.17215 U

• Risk-Reward Ratio: About 2.26

Current Short-Term Logic: Follow the trend; after breaking below the support line, follow the bearish trend, if the rebound does not surpass the resistance level, continue shorting.

Practical Advice:

• Bearish Strategy:

After breaking the trendline, continue to short at highs, with the defensive level set above 0.1798 U, targeting lower to 0.1721 U and below;

• Defense Strategy:

If DOGE suddenly increases in volume and recovers above the trendline (large bullish candle returns), decisively cut losses and exit to avoid a reversal trend.

• Cautions:

Current volume has increased, making it prone to one-sided movements; short positions should carefully manage position sizes and take-profit strategies.