DOGE's recent market movement is quite interesting. It belongs to the type of sentiment-driven coins that experience rapid surges, with explosive power indeed fierce, but also prone to sharp corrections. The current position is somewhat awkward—after a quick rise, it has touched the resistance zone for the first time, and in the short term, it’s easy to see repeated oscillations at high levels.

From a technical perspective, the support zone between 0.135 and 0.138 is critical. If it falls back and gets stuck in this range, it indicates that the previous rally has nearly exhausted itself, and the subsequent phase will likely enter a sideways consolidation. Conversely, if it can rebound from here, and after a few days of sideways movement, volume surges past 0.145, then a second wave of market movement could potentially begin.

My advice at this level is not to rush into chasing. A more prudent approach is: wait until it retraces to the 0.135-0.138 range, and after stabilizing there, consider going long. Set your stop-loss below 0.128. If everything goes smoothly, target first 0.148, then 0.156. The key is to wait for a retracement confirmation—don’t open positions based on feelings.