🔥 Dogecoin price analysis
🐕 Dogecoin’s Downtrend: Dogecoin is in a downtrend, but bulls are attempting a recovery towards the moving averages.
🔝 Resistance and Potential Rally: Resistance is expected at the $0.12 breakdown level. If buyers break through, DOGE could rally to $0.14, though bears will likely defend this level aggressively.
📉 Support Levels: On the downside, $0.09 is a key support level. A drop below $0.09 could see the price fall to $0.08, where strong buying interest from the bulls is anticipated.