The market for DOGE has been quite stable, slowly climbing above $0.130, but it has now entered a consolidation period. Previously, it broke through the resistance levels of $0.128 and $0.130 in succession, with long positions pushing DOGE to around $0.135, but it has since pulled back a bit, and the entire trend is digesting the rise from earlier.

From the K-line structure, as long as it holds above the line of $0.128, there is still room for an upward rise. Looking upwards, the position at $0.135 needs to be closely monitored. If it can successfully stand above this level, it may further attempt $0.138, $0.142, or even higher. The trend on the hourly chart is still present, indicating that long positions have not completely given up.

But the risks must also be considered carefully. If the resistance at 0.135 USD cannot be broken through, DOGE may turn around and test the areas around 0.131 or 0.1275. If it really breaks down, the short-term downward pressure will become significantly greater. It currently looks like both longs and shorts are gathering strength, and who will have the upper hand will depend on how things develop next.