The recent strong uptrend of Dogecoin appears to be ending as it has dropped below important support levels, including the 50 EMA ($0.31) and the 100 EMA ($0.26). The 200 EMA is now the last line of defense, but if it does not hold, DOGE may experience prolonged downward price action. The loss of support zones, lower highs and lower lows, and weakening volume profile all indicate a potential downward trend. While a bounce from the $0.24 level could offer a brief recovery, a further breakdown might push DOGE towards previous lower levels. The current corrections structure suggests that DOGE's uptrend is ending.



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