🚨 $DOGE Breakdown Alert!
Current Situation: Dogecoin has shattered its key 50-EMA support with a high-volume sell-off, putting the recent uptrend in jeopardy. The price has seen a sharp rejection from the $0.30 resistance area.
Key Levels: All eyes are on the 200-EMA at ~$0.225 as the next critical support. A break below this could expose the $0.20 level. Resistance is now the former support at ~$0.25.
Indicators: The RSI has plummeted to 37, signaling intense bearish momentum. The MACD confirms this with a strong bearish crossover.
Will bulls defend the 200-EMA line?
#Dogecoin #DOGE #cryptotrading
#altsesaon |This signal could be huge. Stay tuned.
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