#数字货币市场调整 DOGE after-hours market data observation

$DOGE is currently priced at 0.15685, and the trend is quite interesting. It previously dropped from the high of 0.16506, hitting a low of 0.149285, and is now stuck grinding back and forth at this position right in the middle of the Bollinger Band.

From a technical perspective, the short-term rebound is indeed strong, but the indicators have already soared into the overbought zone. At this time, two scenarios often occur: either a sideways consolidation to digest the gains, or a direct pullback. The risk of chasing highs is relatively high. However, the MACD has shown a golden cross, indicating that the bearish strength has basically been exhausted, and the bulls are starting to take over the market data, which leaves room for imagination for the subsequent rebound.

Trading ideas reference
If the price bounces back to the range of 0.15450-0.15500 and holds, you can consider taking a small position to go long, with a target around 0.15920. Remember to set a stop-loss at 0.14900, don't hold on stubbornly. The market is changing at any time, so trading with a light position is safer.