#DOGE

The movement of DOGE is actually a period of confirmation after a rebound.
There is resistance above, so a pullback is normal; the key is to observe the reaction after pulling back to the moving average.
If it can stabilize near the moving average and show a clear rebound, it indicates that there is capital supporting from below. In this case, the market is likely to attempt another upward move, with the target initially set at $0.12.
But if it drops below the moving average immediately after pulling back, the situation changes.
This indicates that there has been continuous selling during the rebound, and the bulls can't absorb it, causing the market to weaken again.
The next critical point is $0.09.
If this level cannot hold, it’s no longer just consolidation but a restart of the downtrend.
So my own approach to this is very simple:
Above the moving average, watch for the rebound to continue;
If it breaks below the moving average, be cautious;
If it breaks below $0.09, stop expecting a rebound.