#TradingAnalysis101

Dogecoin (DOGE) is currently in a bearish phase, struggling below key resistance levels. The technical indicators suggest that unless it breaks above $0.1680 and $0.1720, further declines could be expected.

Key Takeaways:

DOGE is below $0.1750 and the 100-hour SMA.

Immediate resistance levels: $0.1620, $0.1680, and $0.1720.

If DOGE breaks $0.1720, it could rally toward $0.1850 or even $0.2000.

Failure to break resistance could lead to declines toward $0.1450, $0.1420, and possibly $0.1350.

Market Outlook:

Bearish Scenario: DOGE needs to hold $0.1450; otherwise, a drop toward $0.1250 is possible.

Bullish Scenario: If bulls push the price above $0.1720, it could regain bullish momentum.

Would you like a deeper technical analysis or price predictions for the coming weeks?$DOGE