Dogecoin is currently at a key support zone "licking the cloud bottom"! Analyst Cantonese Cat pointed out that #DOGE is hovering at the bottom of the monthly Ichimoku cloud chart, with the current price around 0.14 USD. Although it has declined in the short term, the long-term structure remains solid.

The weekly chart shows that the price is firmly holding the support zone of 0.135-0.145 USD, which is also the location where the consolidation of the past few weeks overlaps with historical resistance zones. In the short term, the upper moving averages and the breached ascending trendline create a pressure area, causing DOGE to oscillate between the support and pressure zones.

To summarize: as long as the monthly close stabilizes in the 0.12-0.14 USD range, the long-term bottom is still in place, and there may be a rebound opportunity in the short term. Although the current price is not easily breaking through, the structure is robust; just patiently monitor the support and resistance zones, and wait for signal confirmation before taking action. #加密市场观察