Summarized the reasons why $DOGE can't rise. From a broad perspective, it's looking good, but the market is filled with old investors. It's the type of contract leverage that is maxed out. I saw someone directly holding 400,000 in coin-based Long Doge, and some people have liquidation prices between 0.22-0.28.
Think about it, if the market is full of these large leveraged Long Doge positions, who is the dog handler pulling it up for? So I'm currently placing an order at 0.26$ Doge to pick up 1 million dollars.
If I'm wrong, scholars are welcome to debate. $DOGE