Attention all traders, today we will thoroughly analyze the real signals of DOGE on the hourly timeframe.

Let's start with the technical indicators. The MACD double lines have already broken below the 0 axis, indicating that short-term momentum has completely shifted to the bearish side. The yellow and white lines are continuing to diverge, with no signs of a golden cross, and the rebound strength is weak. The RSI(14) is currently stuck at 40.998, not yet entering the oversold zone, which suggests there is still room for further decline.

Next, looking at the oscillators—all 9 indicators are flashing "sell" signals, especially the STOCHRSI which has dropped to 4.288, and Williams %R has surged to -90.281, clearly indicating oversold conditions. However, there's a key point: although oversold, trend-following indicators are still pointing downward, so a short-term rebound may occur, but a trend reversal is still far off.

Now, examining the moving average system. MA5 through MA200 are all above the current price, forming a fully bearish alignment, creating multiple layers of resistance. Particularly, MA5 has crossed below MA10, forming a "death cross," which exerts a significant downward pressure.

Regarding position levels, the nearest resistance above is around 0.134, which is not easy to break; the first support below is at 0.119, and the second support is at 0.113.

In summary, the technical picture shows a "bearish resonance" state, with various signals pointing toward further downside. To seize the best daily trading opportunities, you must constantly monitor these data changes.