look at it in a timeframe of 1 day or weeks to properly identify the trend.

$DOGE short term

After the rising channel was broken, it could not win the 0.4247 level. Here is both both the channel bottom and the retest level of the downward swing in the inner structure.

If it closes with candle body above here in the inner structure, there will be an upward change of character and we can expect a movement towards the red box.

If it cannot break here, we expect a continuation of the decline towards the liquidation levels I marked below. The most major support area is the green box area.