$DOGE
🐶 Currently, DOGE is still hanging around the $0.16 line, but the trend looks very weak, like a swing hanging on the edge of a cliff, which could fall with a gust of wind.
🔻 Bears are ready to pounce:
The 20-day moving average is starting to decline, indicating that the overall market is weak.
RSI has also been dropping, with a bearish trend. Dogecoin seems to be held back by a chain, preventing it from moving upward.
If it loses the $0.16 support, it is highly likely to head straight for the $0.14 support, or even open the door to $0.10!
🔼 Difficulty for bulls to rescue: Difficulty mode activated!
To stop the decline and counterattack, buyers need to break through $0.21 in one go.
If successful, there is still hope to challenge $0.26.
Only when DOGE can stand above $0.26 can we truly say a new upward trend has started.