In the context of a general pullback in the Crypto Assets market, DOGE has experienced a 2% fall in the last 24 hours, with the price dropping to $0.2667. However, from a longer-term perspective, this brief decline does not overshadow its strong recent performance. Thanks to the Favourable Information in the regulatory environment and improved investor sentiment, DOGE has achieved rises of 39% and 70% over the past week and month, respectively, demonstrating remarkable growth momentum.

Technical analysis shows that DOGE has recently successfully broken through a key resistance level on the weekly chart, marking its potential entry into a new rising cycle. This breakthrough is reflected not only in the price movement but also in several technical indicators. The Relative Strength Index (RSI) has surpassed the 50 mark and is expected to further climb to 70 or even higher levels, indicating an increase in buying power. Meanwhile, the MACD indicator is about to turn positive from negative, which is usually seen as a signal of a potential upward trend.

Nevertheless, investors should remain vigilant. Historical data indicates that similar technical patterns do not always guarantee new price highs. For example, during the bull market in 2021, the MACD indicator peaked in July, but the subsequent price rebound did not surpass the previous high.

Considering the ongoing influence of DOGE as a meme coin, along with the current overall market environment, analysts remain cautiously optimistic about its future trend. While some have suggested aggressive price targets such as 10 dollars, the actual performance needs to be continuously assessed based on market changes and fundamental factors.

In the crypto assets market filled with opportunities and challenges, the performance of DOGE is undoubtedly worthy of attention. However, investors must carefully consider market volatility and potential risks when making decisions.