$DOGE /USDT chart is exhibiting a classic bearish trend, characterized by a series of lower highs and lower lows.
The price has broken below the key support level of $0.2291, further confirming the bearish outlook.
My clear views
- The chart is displaying a clear downtrend, with the price experiencing a significant decline over the past week.
- The 24-hour trading volume is substantial, indicating a high level of market participation.
- The descending trend line is a strong indication of bearish momentum, suggesting that the price may continue to decline in the short term.
