I have re-entered a long position in DOGE at a price of 0.386 for the following reasons:
BTC is starting to strengthen, and market sentiment is relatively greedy.
In the previous two instances where it fell below 0.376, it failed immediately. Currently, it has also adjusted to the middle track of the 4H BOLL, making a breakout likely.
From the perspective of horizontal consolidation, this adjustment of DOGE has lasted long enough; the 4H has adjusted for 13 candlesticks. With sufficient time for accumulation, there is hope for a breakthrough of 0.4.
