📉 $DOGE Under pressure, will support hold or break?

On the hourly chart, the price of $DOGE is close to a local support level at 0.08890. If we do not see a strong rebound before the end of the day and reclaim 0.09243, we may see a break followed by a drop towards 0.08675.

On the larger timeframes, there are no clear reversal signals yet, and the volume is still weak, which means buyers are not ready to take control.

On the weekly chart, it is also concerning: losing the level of 0.095, and if the week closes below it, there is a possibility of continued decline towards 0.079 this month.

$DOGE 👀 👇

DOGE

0.09137

+0.96%