After a strong break of the support zone $0.0710–$0.0722, $DOGE saw a shift in direction, and any rebound toward it may face fresh selling pressure unless the price manages to reclaim it and close above it. At the moment, the short-term moving averages still lean downward, keeping momentum in favor of sellers.


If the price remains below the supply zone, the decline could extend toward $0.06893 as the first target, then $0.06835, while $0.06776 represents the third target if selling pressure increases.
As for the bullish scenario, it would not start unless the price returns to break through $0.0710–$0.0722 and holds above it, because that would indicate buyers regaining control and would negate the advantage of the current downside.
$DOGE ‌
DOGE-3.45%
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