DOGE is currently showing a trend of fluctuating downward, and the pullback volume has not yet been fully released. From the hourly technical indicators, the downtrend signals are clear, and it is expected to continue to decline.

However, investors need to closely monitor the key support level of 0.205. If DOGE manages to hold this level, there may be a pullback opportunity. In this case, a light position buy might be a good choice, with potential upward targets possibly in the range of 0.215 to 0.22.

However, if the 0.205 support level is effectively broken, market participants should remain cautious and avoid blindly chasing the decline. In this case, it is better to wait for new support to form or for a reversal signal to appear.

Overall, DOGE is currently at a key technical position. Investors should closely monitor price trends and changes in trading volume, making informed investment decisions in conjunction with the overall market situation. Whether choosing to wait and see or participate in trading, risk management should always be the primary consideration.