Morning of November 29
Doge is currently around 0.15032, having fallen below the middle band of the Bollinger Bands. It is now positioned between the middle band and the lower band, indicating a short-term weak zone, with an overall trend showing a tendency for weak fluctuations.
The KDJ indicator is in the lower region, indicating a certain possibility of rebound; the MACD double lines are below the zero axis, and the MACD histogram is negative, suggesting that short-term bearish forces still dominate.
Recently, multiple bearish candlesticks have appeared. After the price broke below the support level, it formed a "consolidation downtrend" candlestick pattern. At the same time, the increasing trading volume during the decline indicates that short-term market sentiment is bearish.
In the short term, it is highly likely that the market will continue to exhibit a weak consolidation pattern. The upper resistance level is at 0.1510, which corresponds to the middle line of the Bollinger Bands, while the lower support level is at 0.1485, corresponding to the lower line of the Bollinger Bands. If the price can stabilize above 0.1510, it may trigger a rebound; however, if it falls below 0.1485, further declines may occur.
Short-term advice is to rebound to around the 0.1516--0.153 position for a light position, with a target looking towards the 0.1491--0.1472 position.
$DOGE ‌#doge

#数字货币市场回升 November 27 morning observation:
The market is currently hovering around the 90500 position. At 5 AM, the bulls pushed the price up with three consecutive bullish candles directly to 90600, but the bears quickly pushed it down. In the morning, it dropped to around 90200 and is fluctuating there. The short position from last night got stopped out, which is a bit frustrating.
Looking at the 4-hour chart, the signs of a pullback after a surge are quite obvious, but when looking at a longer time frame, it's actually a rhythm of a N-shaped oscillation climbing upwards. In the early session, I think there might be an opportunity to take advantage of a technical pullback.
Current operational thinking:
Consider placing short positions in the range of 90800 to 91500, with a target of 89000 to 90000.
You can similarly follow around 3030-3060 for the second disk, while paying attention to the support level of 2970-3000 below $BTC $ETH $ZEC