Recently, friends paying close attention to Dogecoin probably share the same feeling—why does the price seem to be stuck on pause? It can't go up, nor can it go down. But this strange calm is often the most warning sign.

Let's first look at the current situation. Although there was a slight increase yesterday, trading volume has significantly shrunk, and market enthusiasm is indeed a bit cold. Technical indicators haven't yet given clear signals, which is why many people are unsure about the direction.

Key levels to keep in mind: support below is around 0.1216, and resistance above is at 0.131. Those looking to buy low can focus on the 0.1221 to 0.1216 range, while those aiming to sell high should watch the 0.134 and 0.131 levels as important points of observation. For now, it's best to stay on the sidelines and wait for a clearer trend before taking action.

From a technical perspective, the situation is actually quite interesting. Regarding MACD, although the white line is still below the zero axis, it has started to turn upward, and the yellow DEA line is about to converge—this is what’s called a "bottom convergence." Once a golden cross forms, there’s usually a significant rebound. But remember, it hasn't broken above the zero axis yet, so the bearish dominance hasn't been reversed.

The KDJ indicator's J value is now at 53.71, having pulled back from the oversold area. This indicates that the downward momentum from earlier has been largely exhausted, and in the short term, the price is in a tricky position where both upward and downward moves are possible.

The Bollinger Bands are now at their tightest, with the price bouncing between the middle and lower bands. The upper band is at 0.12455, and the lower support is at 0.12051. With less than 0.004 in range, tonight’s market is likely to see a decisive move within this zone.

For different traders, strategies should vary. If you're bullish, it's best not to be overly greedy with heavy positions now. You could place a small order around 0.1216 to test the waters—anything below 0.125 is just a tentative probe. If you prefer shorting, be aware that chasing a low position carries significant risk. A smarter approach is to wait for a rebound to the resistance zone between 0.128 and 0.131; if it fails to rise and shows signs of stagnation, then consider entering.

My personal view is bullish. Dogecoin isn't truly out of the game; it's just holding back. The shrinking volume often precedes a storm. The target is 0.131. Once a volume breakout occurs above this level, the situation will become much more active. The key now is whether there will be increased capital inflow in the next one or two days.