$DOGE Today is not a suitable day for trading. Yesterday's green cross left a lot of suspense. From today's low of 0.26, there hasn't been much struggle. The bears scored a full house, but didn't continue to pull it down, which shows that they are satisfied with their interests. Today's closing will affect the trend in the coming days. If it opens high and closes at an isolated low point, it is very likely that in the following days, the market will rise back to 0.4. However, with the bears scoring a full house yesterday and still having bullets left, it is hard to say whether it will open high and close low.
$DOGE two tests failed at 0.34, but the bulls did not quickly pull out of the danger zone, and the upward momentum has not shown significant reversal, so it is highly likely that it will still test 0.34 for the third time.
$DOGE A very intense battle between bulls and bears, it seems inevitable that one side will emerge victorious in this struggle. The side that wins this fight will be the true trend.
The isolated low point of $DOGE 0.380 has appeared. Looking at the MACD, it should test this point a second time. If it doesn't break after two attempts, the brave brothers can consider making a swing trade. However, 0.380 is definitely not the so-called bottom of a double bottom; the real bottom has yet to come.
$DOGE The MACD line shows that this wave of peaks has passed, and the momentum of the price increase has already exhausted. Trading volume is also gradually decreasing and stabilizing. The period of decline is approaching; it remains to be seen whether it will be a slow decline or a rapid drop, and to what level it will fall. According to Dow Theory, this is just the beginning of a bull market cycle, and Doge will remain bullish in the long term.