This is a 1W frame analysis for DOGEUSDT In order to provide a better view of the market to our friends, we are analyzing the market at a higher scale. The price has formed a descending channel with one side being the resistance zone R1 and the other side being the support zone S2. However, currently the price has not been able to open higher ceilings and form lower floors, which is an indication that the price does not have enough power to form higher ceilings. But the market can always surprise us and if it can manage to settle above the first resistance line, it can see higher numbers, and if it can not settle above the first support line and settle below the first support line, it can move towards the second support line.

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