#数字货币市场回调 Tonight's trend analysis: Can this defense line of 0.143 hold?

Recently, I spent half a day staring at the one-hour K-line chart of DOGE and found that many friends are struggling with the same question: Will this coin rebound and break through 0.166 tonight, or will it continue to dip to 0.143 or even fall below 0.120?

The conclusion is—current trends are clearly bearish.

From a technical perspective, several key price levels to remember: the highest resistance is at 0.187, recent pressure is seen at 0.166, the death line is at 0.143, and there are two support levels below at 0.13165 and 0.12000. In other words, to rise, it must first get past the 0.166 barrier; to fall, 0.143 and 0.120 are the last two lifelines.

The MACD indicator has already indicated the problem. Both the fast and slow lines have broken below the zero line, and a typical death cross pattern has emerged—this signal usually indicates a depletion of short-term momentum, with selling pressure dominating. To put it simply, it's like letting off the gas and pressing the brake while driving; the speed of the car naturally slows down. What’s more concerning is that the trading volume is also not picking up, market participation is low, and the atmosphere is rather tepid.

I personally tend to think that tonight DOGE will likely continue to test the support below. First, it will touch the key level of 0.143; if it cannot hold, the bottom support at 0.120 might also need to be tested. The logic is simple — the MACD death cross combined with shrinking volume means the energy of the bears has not been fully released, just like a deflated balloon naturally falling down.

Of course, the market never follows the script. If a major positive news suddenly emerges, a sharp rebound to 0.166 is not entirely impossible. However, from a probabilistic perspective, this possibility is relatively small. After all, when it comes to trends, one must respect them.

In terms of operational advice, don't go all in at once. Building a position in batches is the way to go: gradually accumulate when prices drop, and also reduce positions in batches when prices rise, which can effectively lower risk. Remember, trading relies on discipline and strategy, not on luck to bet on direction.

The market is constantly changing, and keeping an eye on it is essential to seize opportunities.