Dogecoin trend analysis

From the technical trend, DOGE daily cycle turns from long to short, and the overall trend is weak. It is currently adjusting sideways at a high level. The hourly moving average is glued together and fluctuates sideways in the range of 0.3-0.35, waiting for the direction of the market. But the technical support line means that in the long run, the price has the potential to rise again. If the market breaks through 0.35 and stands above 0.35 again, the market may usher in the second stage of the upward trend.