Followin' the WeChat public account: Lazy King Squirrel Doge (DOGE) continues to decline, trading around $0.23 on Monday, down 8.55% last week. Coinglass' DOGE long-short ratio is below 1, indicating more traders are betting on a pullback, and the technical outlook is expected to pull back to the $0.20 level. Doge bears target $0.20 Last week, the Doge price encountered setbacks near its 50% price retracement level (from the low of $0.05 on August 14 to the high of $0.48 on December 2), falling to $0.27, down 8.55%. As of the time of writing on Monday, its price continued to fall 4.6% to around $0.23. To learn more about the crypto world and get the latest news, feel free to add me to the group; QQ: 3786051908 or follow the WeChat public account: Lazy King Squirrel, we have the most professional community, releasing daily market analysis and recommendations of high-potential coins. If DOGE continues to pull back, it may extend the decline to the low of $0.20 on February 3. The daily chart's Relative Strength Index (RSI) is 32, below the neutral level of 50, approaching the oversold level of 30, indicating a strong bearish momentum. Another bearish signal is Coinglass' DOGE long-short ratio, which is 0.87 and continues to decline. This ratio below 1 reflects the market's bearish sentiment, as more and more traders are betting on the asset price to fall.