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Once Dogecoin's market weakens and it drops below the moving average, it indicates that the bearish forces are still present. Every rebound is an opportunity for the bears to sell off, and the upward momentum is lacking.
The most critical support level is at $0.09, which must not be effectively broken.
If it accidentally breaks through the $0.09 support line, Dogecoin is likely to resume its downward trend, and the short-term rebound will be immediately over.