Judging from the current situation of DOGE, if the market can maintain a stable upward trend in the next few days, then DOGE still has room for a rebound.

However, from the overall future perspective and the current situation, it is expected that the peak of the rebound is the Fibonacci 0.5 suppression of this round, and it is difficult for the rebound to break the top band chip area suppression of 0.37.

Failure to break 0.37 to release the upper chips means that the main force of Dogecoin does not want to release the upper chips at all, so it is necessary to pay attention to the possibility of a sharp decline in the future.