250623-Dogecoin Market Analysis

In the past, the price was below the 3-week chart, and the trend is still correcting downward. It is expected that a rebound may only be possible after Friday, so it is recommended to wait a little longer. The price has currently fallen to around the previous low of $0.142 (3-week chart updated), and it may drop below the previous low in the future. However, from a long-term perspective, positions at this level should at least begin to accumulate in batches. Although a double bottom pattern has appeared, even the most basic target prices ($0.267 / $0.309 / $0.35) have not been reached, and it is currently in adjustment. Before a large bullish candle closes above $0.213 on the daily chart, the overall trend will remain sluggish. The tail catching range has been updated to $0.172 / $0.16 / $0.156 / $0.13, and the price has currently traded at $0.156. The 3-week chart adjustment has a bottom at $0.153 and a top at $0.222.