Recently, the crypto assets market has seen a lot of attention on DOGE ($DOGE) again, attracting investors' interest. After a strong rise, the price of DOGE is currently in fierce competition around $0.26, with both buyers and sellers evenly matched, and neither side is willing to give in easily.

From a technical perspective, the daily chart shows that DOGE has fallen below the two important moving averages, MA5 and MA20, indicating that the short-term rising momentum has been exhausted. This technical pattern suggests that there may be greater correction risks ahead.

Currently, the range of 0.26-0.27 USD has become a key trading area. For traders looking to participate, this price point may provide a shorting opportunity. If a pullback does occur, it may test the 0.25-0.23 USD range in the short term, and from a longer-term perspective, it could even test the support level at 0.20 USD.

However, investors should keep in mind that the Crypto Assets market is highly volatile, with risks and opportunities coexisting. It is essential to conduct thorough research and risk assessment before making any investment decisions. Additionally, changes in the global macroeconomic situation and policy environment, such as the U.S. government budget issues, may impact the Crypto Assets market, and investors need to closely follow the developments of these factors.

With the convening of the Token2049 conference in Singapore, the future direction of the Crypto Assets industry may become clearer. These industry events often bring new insights and potential market catalysts, which may impact the trends of various Crypto Assets, including DOGE.