DOGE is currently trading around 0.15024, a very sensitive level. Looking back at history, the range from 0.1000 to 0.1500 was once the accumulation and breakout zone for the previous major rally. The current price retreat indicates that the previously accumulated bubbles have been largely released, and the market is repeatedly confirming the so-called "faith bottom."

As the pioneer of the Meme track, DOGE's fate is closely tied to Elon’s statements and the payment ecosystem. Although the technical outlook appears messy right now, from a risk-reward perspective, the attractiveness of positioning has sharply increased. Periodic adjustments often look like this—when things are at their worst, it’s actually the hunting ground for the smartest funds.

Watch the resistance levels. In the short term, the range between 0.2000 and 0.2200 is waiting—this is where recent rebounds have repeatedly faced resistance and was also the bottom of a small platform formed earlier. Only by breaking above this level can the short-term downtrend be considered reversed. Further up, 0.3000 is a secondary high point; if a new rally begins, this will be the first target.

On the support side, the current trading range of 0.1200 to 0.1500 provides very strong support through top-bottom switching. Even lower, there is a solid bottom at 0.0600 to 0.0800—this is the long-term sideways trading zone. Unless the overall crypto market crashes, it will be difficult to return to that "bargain price."

Volume trends also tell a story. At the 0.50 peak, a historic high volume was recorded, but during the decline, trading volume noticeably shrank. What does this imply? First, selling pressure has exhausted; second, the holders are true believers; third, the market is waiting for new catalysts—such as positive news related to payments.

For holders, the advice is straightforward: recharge your faith. DOGE is the most certain Meme asset in this cycle, and there’s no need to give up positions at 0.15. If it drops again to 0.10, that’s an opportunity to add positions and lower the average cost.

For those with no positions, consider lurking on the left side, using grid trading or dollar-cost averaging. Accumulate in batches between 0.1300 and 0.1500, with a short-term target of around 0.2000 (about 30% increase), and a medium-term goal of aiming for higher levels like 0.3000+.

DOGE has already returned to the "safe zone." At this level, it’s suitable for patient capital to deploy.