$DOGE

From the 1-hour and 4-hour timeframes, Dogecoin's recent rally appears more like a final sprint driven by emotional hype rather than a trend reversal.

1-hour timeframe: After spiking to around 0.1508, the price faced clear resistance and pulled back, forming a high-to-low correction pattern. It has now broken below the BOLL middle band, with the MACD showing a dead cross at high levels, and the red histogram rapidly shrinking, indicating that bullish momentum is exhausted.

4-hour timeframe: The price failed to stabilize after touching the upper band and has been trading below the previous high resistance zone. The BOLL bands are beginning to converge, showing a typical pump-and-dump pattern. Structurally, this is a rebound within a downtrend, not a setup for a second rally.

On a larger cycle, this is an opportunity for bears to enter, not a sign of bullish confidence.

Personal suggestion: consider shorting around 0.148-0.151, with targets at 0.142 and 0.138. For the long term, watch 0.135!