DOGE's recent performance has been a bit weak. On September 24, the bulls attempted to push higher but failed to break through the 20-day moving average ($0.24), resulting in the bears taking the opportunity to suppress the price, and the market faced resistance.
Bearish dominance: If the price continues to decline, DOGE may test the "moat" at $0.21. Buyers will defend it vigorously, but once it breaks below and closes under it, the price may further delve down to $0.18, or continue to oscillate in the range of $0.14 to $0.29.
Bullish counterattack: If it can break through the 20-day moving average, it will be a strong signal, and DOGE is expected to rebound to the important resistance level of $0.29.
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#DOGE
DOGE's recent performance has been a bit weak. On September 24, the bulls attempted to push higher but failed to break through the 20-day moving average ($0.24), resulting in the bears taking the opportunity to suppress the price, and the market faced resistance.
Bearish dominance: If the price continues to decline, DOGE may test the "moat" at $0.21. Buyers will defend it vigorously, but once it breaks below and closes under it, the price may further delve down to $0.18, or continue to oscillate in the range of $0.14 to $0.29.
Bullish counterattack: If it can break through the 20-day moving average, it will be a strong signal, and DOGE is expected to rebound to the important resistance level of $0.29.