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Dogecoin broke below 0.13 at the end of the year, then staged a quite impressive V-shaped rebound, and is now gradually approaching the December high. From a technical perspective, both OBV and CMF indicate that selling pressure is clearly easing, and the downward trend of DMI is also beginning to cool down, which suggests that market sentiment is slowly recovering. As long as demand remains stable, there is still potential for the subsequent market to continue fermenting.
Meme coins tend to surprise the market with their rhythm—after falling in April, they can surge in May. This quick, aggressive, and precise style of operation indeed aligns with their usual character. Sometimes, historical patterns really prove to be very effective.
In practical trading, don’t be blinded by targets like "1 dollar." A more reliable reference level is around 0.21. Going higher, the 0.275 to 0.29 range is also worth paying attention to. In the short term, focus on whether the 0.156 level can break through and retest. If it doesn’t rise that quickly, the 0.135 to 0.14 range could be considered for a low-buy opportunity. But if it falls below 0.124, then caution is advised.
Overall, the outlook remains bullish, and the key is to grasp the rhythm and not fall behind.