Current DOGE phase: a mixed market with short-term rebound and medium-term resistance.

Over the past 7 days, +6.61% with a long/short ratio of 2.13 and short liquidations indicating that market sentiment is temporarily favorable; however, the 180-day decline of 63% reminds us that DOGE remains a typical meme coin lacking fundamental support and is susceptible to sharp fluctuations caused by external events (Elon Musk tweets, Bitcoin price movements, US stock market sentiment). The bullish scenario (higher probability, short-term)

Holding above 0.098 and breaking through 0.105 → target range 0.112-0.118 (expected within 7-10 days). The bearish scenario (caution advised)

Breaking below 0.098 coupled with Bitcoin retracement → rapid decline toward 0.093 or even 0.085. Risk warning: extremely high volatility (characteristic of meme coins). With a market cap of over $17 billion, the risk of cascading liquidations due to leverage is significant. The current macro environment (oil prices, inflation, US-Iran tensions) remains predominantly bearish for risk assets. Recommendations: short-term traders can focus on the 0.098-0.105 range for quick buy low, sell high, with a stop-loss set at 0.097. Medium to long-term investors should wait until Bitcoin stabilizes above $100,000 and Elon Musk provides substantial positive catalysts before considering positions. Keep exposure within 5%, and avoid heavy leverage.