Dogecoin Price Pulls Back After Reaching $0.1852 High

Dogecoin (DOGE) has experienced an increase above the $0.1700 level against the US Dollar, but is currently undergoing a correction.

DOGE price rose above $0.1700 and is now trading above $0.1650 and the 100-hourly simple moving average.
A break occurred below a bullish trend line with support at $0.1760 on the DOGE/USD hourly chart.
The price reached a high of $0.1852 before correcting downwards, dipping below the $0.180 and $0.1750 levels.
Immediate resistance is near $0.1780; major resistances are at $0.1800 and $0.1850.
If DOGE fails to rise above $0.180, it may decline, with initial support at $0.1720, followed by $0.1705 and $0.1650.
A drop below $0.1650 could lead to further declines toward $0.1550 or $0.1450.

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