The market has undergone drastic fluctuations, and the doge has long since slipped into the empty gate, quietly watching others perform.
Although the trend has deviated from the mainstream, success is achieving a follow-down, not a follow-up market. The good news is that both the gains and losses are not significant (just very doge).
The bearish trend is obvious at both large and small levels, with the small level's morning pullback position successfully testing around 0.168. It shows a certain level of resistance to declines. The main issue is largely related to the lack of liquidity.
The lower side is backed by two supports. In the short term, before the market breaks below 101, the doge can try to ambush some spot positions, and the risk-reward ratio is decent.
Several positions that need attention
Support Position
First Position 0.163-0.168
Second Position 0.155
Third Position 0.146
Resistance Position
First Position 0.18-0.183
Second Position 0.187-0.189
Third Position 0.195
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