Card. Watch the puppy

As the price of Dogecoin (DOGE) stabilizes around $0.40, the bullish catalysts for the world's largest meme coin are accumulating in the background, suggesting that a new round of increases may be imminent.
Since breaking below the short-term uptrend and continuing to struggle against resistance in the form of 21DMA, DOGE still faces the risk of further pullbacks in the short term.
It may retest its 50DMA around $0.33, which also coincides with the key support area of 2021.

Nevertheless, the DOGE futures funding rate is currently at a relatively low level, indicating that any speculative excess accumulated in recent weeks has largely dissipated, thereby reducing the risk of recent sell-offs.