The DOGE market has recently shown some interesting movements. Market makers seem to be taking strategic actions by pushing down prices to clear floating chips while also eliminating short-term chasing the price funds. The purpose of this operation may be to accumulate at lower price levels or to prepare for the next wave of pump.

Market participants should closely monitor the price range from 0.225 to 0.217. If DOGE can stabilize in this range and show an increase in trading volume, it may indicate that we have seen the short-term bottom.

However, the situation may also develop unfavorably. If the price of DOGE directly breaks below the 99-day moving average (located at 0.217), this could signal an acceleration of the downward trend. In this case, we need to turn our attention to lower support levels, such as 0.20, or possibly even down to 0.19.

Overall, the short-term trend of DOGE is at a critical turning point. Investors and traders need to stay vigilant and closely monitor price movements and changes in trading volume to adjust their strategies in a timely manner.