Looking at DOGE's recent movement, it appears to fluctuate around 0.15U on the surface, but the underlying signals are not simple. The red histogram bar on the MACD death cross is below water, which tells us—bullish momentum is clearly weakening.

Let's first break down the key technical data. The resistance level at 0.16500 firmly caps the upward space, making it difficult to break through effectively in the short term. The critical watershed is at 0.14500, where both bulls and bears are truly fighting. If it really breaks through, 0.12500 is the strong support that can hold.

Even more interesting is the volume-price relationship. Recently, during this rally, trading volume has significantly shrunk—this is a typical false breakout signal. Coupled with MACD divergence, a correction is already on the way, ready to break at any moment.

How to operate practically? The current price around 0.15200 suggests considering opening a short position, or waiting for a rebound to 0.15500 before adding to the short. Set the stop-loss at 0.15800, with the first target directly at the key level of 0.14500. If it breaks down, continue chasing the short towards 0.13000.

Why not go long? There are three reasons. First, the MACD death cross combined with volume-price divergence is a standard bearish signal, just like in textbooks. Second, the resistance at 0.16500 has been tested three times without breaking—no third attempt, no success. Third, the overall market is still consolidating at high levels and could crash at any time, potentially collapsing the entire altcoin rally.

Risk management must be strict. Never allocate more than 10% of your position; greed is a big taboo. If the price suddenly breaks through 0.15800 with high volume and stabilizes on the 2-hour K-line, then immediately stop-loss and reverse to go long—cryptocurrency markets are so unpredictable, flexible adjustments are crucial.