7.13 early morning DOGE analysis, Poet’s take

That huge bearish candle earlier smashed the market too hard and directly broke the trend! Even though there’s now a small rebound, the pressure at 0.0740-0.0745 is huge—this is a hurdle you can’t just get over easily. At this point, it looks more like a technical repair after being down too much; a direct V-shaped reversal to set new highs is unlikely.

This rebound looks lively, but it’s more like building up power to keep falling afterward. Trying to push through 0.0758 in one go is just too hard.

On the 4-hour chart, the bearish power hasn’t been fully released yet. Blindly buying the dip here can easily get in halfway up the mountain—don’t chase the rally, and be careful not to get trapped.

Recommendation
Try going short around 0.0740-0.0745. The first target is to fall back to 0.0725. If it breaks down, then look at 0.0710-0.0700;
If it truly drops to 0.0700-0.0710 and holds, you can consider buying back to catch a short-term rebound, targeting 0.0730-0.0735. Set the stop-loss at 0.0750. $DOGE