The channel has broken, the high points have moved down, and the momentum has dried up. This trend indeed doesn't look very good; we need to keep a close eye on it.

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MarcusCorvinus
$1MBABYDOGE just lost the uptrend structure and sellers are starting to take control.
This breakdown doesn’t look healthy at all.

• Channel support got cracked hard
• Lower highs are forming now
• Momentum fading fast
• Bears looking ready for another leg down

If this weakness continues, lower targets can get tapped very quickly.
More downside pressure and panic selling from late buyers could follow.

This is the kind of setup where one more rejection can send it straight into a sharp dump.

Stay alert.
Market is flashing bearish signals now. 📉
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