Evening of 12.1

From the 1-hour candlestick chart, Doge's short-term trend is in a clear downtrend, quickly dropping from 0.1505 to 0.1368, a decrease of 7.99%; it is currently oscillating around 0.1368 during this downtrend; the support level below is 0.1306, and if this level is broken, it may further decline. The resistance level above is 0.1422, and if it can break through this level, it may trigger a rebound.
In the morning, a large bearish candlestick appeared in the K-line combination, followed by small bearish and bullish candlesticks, indicating that the bearish force is strong, but the bullish side has some resistance. It has now broken below the middle band of the Bollinger Bands and is currently near the lower band, indicating a weak market trend in the short term.
The KDJ indicator shows the three lines converging at a low level with signs of upward divergence, indicating a possible short-term rebound. The MACD indicator's DIF and DEA are near the zero axis, and the MACD histogram is green, suggesting that the bearish forces still dominate, but there are signs of the histogram shortening, indicating a weakening of the bearish forces.

Overall, Doge is in a short-term downtrend, but there are signs of a rebound; it is recommended to buy in lightly near the 0.13512--0.1328 range on a pullback, with a target looking towards the 0.138--0.140 range.

The above is only a personal suggestion and for reference only. Please refer to the layout of Haoyu Shipan for specifics $DOGE ‌#doge