Yesterday, DOGE's price movement was a textbook-level trap of fake breakout. It opened sharply to $0.14775, attracting many retail investors to chase the high, but in the afternoon, it plunged to $0.13803, a drop of over 6% within three hours, and the futures market was filled with liquidation alarms. Those chasing risk paid the price.

But such volatility precisely signals a technical warning. I noticed several key signals appearing simultaneously this morning: the daily MACD continued to form a death cross, the 50-day moving average created clear resistance, and the number of open futures contracts was subdued—indicating that institutions were not truly involved. Based on these judgments, I decisively opened a short position at $0.145, with a stop-loss set at $0.148.

Around 2:40 PM, the price first retreated to near $0.137. I closed 80% of my position to lock in profits. The remaining 20% was left with a trailing stop to continue tracking, and I finally exited completely at $0.1385. The profit on this single contract was 120 points.

The key is not the result itself, but how to use a combination of technical indicators and market sentiment to stay objective in a market dominated by emotions. DOGE's movement this time once again verified this point.