Recently, I’ve been watching the 4-hour trend of DOGE and have some personal insights to share with everyone.

From a technical perspective, bearish signals are already quite clear. Three key resistance levels (0.15667, 0.15500, 0.15060) are stacked above, while the current price is around 0.13996, far from these levels. This indicates that the bulls have little interest in bottom-fishing. More importantly, the "yellow-white dual lines"—DIF and DEA—have both broken below the zero axis. This is not a minor signal; it confirms that the short- to medium-term trend has shifted from bullish to bearish.

From a momentum standpoint, the bears still hold the advantage. The MACD remains below the zero axis, indicating that the downward momentum has not been fully released. The volume also hints at the situation: there are quite a few sell orders stacked below, and large transactions (like the 118.702K deal) mostly occur during price declines. This is the rhythm of distribution, not accumulation by the main players.

Currently, the position is quite awkward—situated in the "bearish休息区" between the first support (0.1348) and the rebound resistance (0.1506). From this perspective, any rebound could be an opportunity to reduce positions or open new shorts, rather than a sign of trend reversal. Unless the MACD can effectively climb back above the zero axis, the bulls’ days are still ahead.

In short, the chart structure clearly leans bearish, and rebounds are opportunities to short. If you're interested in this coin, pay close attention to the support and resistance levels, and avoid blindly bottom-fishing.