$DOGE Trend Analysis
The trend of $DOGE does not look very optimistic at the moment. From the daily chart, it has shifted from an upward trend to a downward trend, showing overall weak performance. Currently, Dogecoin is hovering at a relatively high price level, almost like it's taking a break for adjustment. Several moving averages on the hourly chart are clustered between 0.3 and 0.35, moving around but without a clear direction.
However, from a technical support perspective, I believe Dogecoin still has long-term potential to rise again. If it can break through the 0.35 barrier and stabilize above 0.35, there might be a new wave of upward momentum, entering a second phase of increase.
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