Recently, the performance of DOGE has made many holders a bit anxious, with obvious selling pressure. On the daily chart, it has been fluctuating between $0.1303 and $0.1349. This largest meme coin is currently priced around $0.1304, with a 24-hour fall of 1.2%.

However, there is some good news - the $0.13 support line has held strong. This is crucial, as a break below this level would open up further downside. That being said, yesterday's drop did align with the overall market trend, so it wasn't particularly surprising.

Looking at the long term, the situation is not so pessimistic. Over the past week, DOGE has risen by 1.0%, which indicates a bit of recovery. However, looking back at the 14-day period, it is still in a negative state, with a decline of around 7.2%. So now we need to see if the level of 0.13 USD can hold—if it holds, there may be a stronger rebound later; if it breaks, we need to be wary of further declines.

From a technical perspective, there are some details worth noting. The accumulation and distribution indicator has shown a signal changing from red to green, indicating that buyers are attempting to turn the situation around. However, this is not enough; if the indicator cannot fully turn positive, sellers may once again exert pressure to lower prices. The data from the average volatility is also under continuous observation, as these factors will affect the certainty of short-term trends. Overall, DOGE is currently at a delicate balance point, and the next few trading days will be crucial.