Consolidation Breakdown: DOGE price falls below the $0.060 mark.
Consolidation Breakdown: DOGE price falls below the $0.060 mark.
Morning Star: A potential morning star pattern could retest the $0.060 range.
Long-Term Bear Phase: DOGE has been in a bearish trend for most of 2023.
Current Price: DOGE is trading at $0.0588 with no significant intraday move.
Bearish Engulfing: A sharp 3.94% fall forms a bearish engulfing candle.
RSI Indicator: RSI crashes under the 14-day SMA, approaching the oversold boundary.
EMA Alignment: Both 50-day and 200-day EMAs maintain a bearish alignment.
Lower Highs: DOGE continues a trend of lower high formations.
Falling Wedge: DOGE price is trapped in a falling wedge pattern.
Psychological Support: Next crucial support is at $0.050.
Trend Reversal: A jump above $0.060 could lead to $0.065.
Delayed Bull Run: Ongoing bearish trend warns of a delayed bull run for DOGE.
Morning Star: A potential morning star pattern could retest the $0.060 range.
Long-Term Bear Phase: DOGE has been in a bearish trend for most of 2023.
Current Price: DOGE is trading at $0.0588 with no significant intraday move.
Bearish Engulfing: A sharp 3.94% fall forms a bearish engulfing candle.
RSI Indicator: RSI crashes under the 14-day SMA, approaching the oversold boundary.
EMA Alignment: Both 50-day and 200-day EMAs maintain a bearish alignment.
Lower Highs: DOGE continues a trend of lower high formations.
Falling Wedge: DOGE price is trapped in a falling wedge pattern.
Psychological Support: Next crucial support is at $0.050.
Trend Reversal: A jump above $0.060 could lead to $0.065.
Delayed Bull Run: Ongoing bearish trend warns of a delayed bull run for DOGE.
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