Hey what's your thoughts?
A well-known analyst DonAlt recently called Dogecoin's chart destructive, asserting that traders' net worth has been greatly impacted by its sideways movement over the last month. The analyst claims that attempts to ride the speculative wave to $1 have resulted in the liquidation of numerous leveraged positions.
According to the daily chart, Dogecoin has displayed a prolonged period of sideways consolidation within a channel that spans from $0.38 to $0.48. Overly leveraged traders who anticipate quick breakout movements may find such consolidations difficult to navigate even though they are not always harmful.
what next big thing ?