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Recently, the Dogecoin trend has indeed been quite fierce. Starting from the level of 0.15656, it has been sliding down all the way, with a single-day decline of over 12%. The bulls' defense line is almost useless, retreating step by step.
Although the RSI indicator has entered the oversold zone, this does not guarantee an immediate rebound. The support level at 0.135 below is almost without any resilience, feeling quite fragile. The main selling pressure remains fierce, and the market is still in the process of seeking a bottom.
From a technical perspective, the area around 0.13743 has become a key observation point. To seize opportunities in this market adjustment, close attention must be paid to the performance of these price ranges. The next direction of the market will also depend on the attitude of the main capital.