DOGE has experienced a rapid decline and is now steadily rebounding in a critical support zone. The price repeatedly confirms the range between 0.122 and 0.123, showing a clear consolidation trend. From the market performance, both bulls and bears are locked in a tug-of-war at this level, and who can take the lead will depend on the subsequent volume activity.

On the technical side, several key levels need to be watched: support is at 0.1220-0.1223, which is a short-term defensive line. Looking higher, resistance is around 0.1250-0.1252. Breaking through this upper resistance is crucial for the subsequent trend—if it can effectively break above, it could open up more room for a rebound; but if it gets pushed back, a retest of support may be necessary. Currently, the market is at this critical supply and demand balance point, and the next one or two candlestick patterns will be very important.