DOGE either falls or rises in the coming hours

DOGE/USDT formed a flag and it is in a downtrend with no indicators of an uptrend.

after the flag is complete it probably either;

goes back up to 0.07

OR

goes back down to 0.03

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Elon mentioned that for DOGE to become more decentralized, the big shareholders such as that one wallet which has exactly 25% of all the DOGE supply should short their DOGE at some point. If this happened DOGE would loose its value in the short term because a huge amount of whales would go short BUT in the long run this would only be beneficial for DOGE and its price becoming more stable.

I have absolutely no idea where DOGE is headed next but after seeing that this social media hype and even Elon tweets are loosing their power on pumping DOGE, I can only hope the best for it.

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Remember this coin is an actual joke and has no utility at all.

In the case of a bear run, doge would be one of the first to drop down to where it came back from.

-not a trading advice-