DOGE has recently shown several signs. The price has finally stabilized above the 30-period moving average, and the medium-term upward pattern has been officially established. From a technical perspective, this trend reversal signal is real. However, on the other hand, short-term risk signals have started to flash frequently, and chasing the rally at this stage is equivalent to jumping into a fire pit.

Looking at the indicators makes it clear what's going on. The MACD is losing momentum; the rise is mainly driven by inertia, and new buying interest has been slow to follow, which is just a hard support. The RSI's performance is even more interesting — the medium-term sentiment is indeed very hot, but the profit-taking desire is equally strong, and the need for short-term correction has been fully reached.

The most dangerous signal is actually the divergence between volume and price. As the price moves upward, trading volume fails to keep pace, indicating that the main capital's willingness to follow has significantly declined. The enthusiasm for chasing highs is fading among many participants. What is sustaining this rally? The Bollinger Bands and ROC data point in the same direction — upward momentum is waning, and signs of exhaustion are becoming more obvious.

For those already holding positions, the strategy is clear. Keep the EMA30 line as a defense; as long as it doesn't break below, holding medium-term positions is fine. But if you see volumeless surges to the 0.154-0.158 area, it’s time to consider reducing positions and taking profits. The cost of chasing the last few points is often very heavy.

For those wanting to enter a long position now, it's really not the right time. Instead of rushing to buy, wait until the price retraces to the strong support zone of 0.1397-0.1431 and stabilizes before entering low. Alternatively, wait for a volume breakout above the previous high of 0.1542, then participate with a light position. This approach isn't missing out on gains but prioritizes risk management.

Short-term traders looking to short should only try with very small positions. The key is to wait until the price rebounds to the 0.1530-0.1540 zone, and if signs of stagnation or exhaustion appear, then act. Stop-loss must be set firmly; never hold on in hope of luck.

Overall, the medium-term trend is quite good, but short-term risks have been pushed to the limit. Without significant improvement in volume, observation should take precedence over action. Let the market choose its direction, and only act once signals are truly confirmed, so you can steadily profit from this wave rather than being ruthlessly taken out by a pullback.