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11.15
Currently operating near 0.15892, observed from the 1-hour candlestick, it is in the oversold area of a downward trend, with a technical rebound demand, but the overall trend is bearish.
The KDJ indicator is at a low level (K=37, D=41, J=29), close to the oversold area, indicating a short-term rebound demand.
The DIF and DEA of the MACD indicator are below the zero axis, and the MACD histogram is slightly expanding, indicating that the downward momentum is still present, but has weakened.
Currently in a sideways movement within the lower band of the Bollinger Bands. If the price stabilizes at the lower band, it may test the middle band upwards.
Based on the analysis above, if the lower support is broken, it may continue to drop to around 0.156--0.154. If it cannot break the lower support, it is highly likely to technically rebound to around 0.161-0.163.
The above is just personal advice and for reference only. Please refer to the layout of Haoyu Shipan for details #DOGE .