Evening of 12.1

From the 1-hour K-line chart, Doge's short-term trend is in a clear downtrend, quickly falling from 0.1505 to 0.1368, a drop of 7.99%; it is currently oscillating around 0.1368 in a 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 initiate a rebound.
The K-line combination showed a large bearish candle in the morning, followed by small bearish and bullish candles, indicating that the bears are strong, but the bulls have 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 in the short term.
The KDJ indicator's three lines are converging at a low level, showing signs of upward divergence, indicating that there may be a rebound in the short term. The MACD indicator's DIF and DEA are near the zero axis, and the MACD histogram is green, indicating that the bearish forces still dominate, but the histogram shows signs of shortening, indicating that the bearish forces are weakening.

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

The above is just personal advice and for reference only. Please refer to the layout of Haoyu Shifan for specifics $DOGE ‌#doge