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15 hour ago
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BEARISH 📉 : Dogecoin declines below $0.10, faces strong bearish resistance

Dogecoin (DOGE) has declined below the $0.10 mark against the US Dollar and is now consolidating losses.

  • DOGE price dropped below $0.10 and $0.0950, forming a fresh low near $0.080.
  • The current trading price is below $0.0950 and the 100-hourly simple moving average.
  • A bearish trend line with resistance at $0.0950 is observed on the DOGE/USD hourly chart.
  • Immediate resistance lies around $0.090, with significant resistance levels at $0.0950 and $0.0985.
  • If DOGE breaks above $0.0985, it could target $0.1050 or higher.
  • Failure to surpass $0.10 may lead to further declines.
  • Key support levels are at $0.0850, $0.0820, and the main support at $0.080.
  • A breach below $0.0750 could push the price down to $0.0720 or $0.070.

Technical Indicators:

  • Hourly MACD indicates increasing bearish momentum.
  • Hourly RSI is below the 50 level, suggesting bearish conditions.

Dogecoin Price