$DOGE Support Level Broken and Downtrend Confirmed
Based on the latest chart analysis:
• The support level at 0.13759 has been broken, with the price dropping to 0.13190.
• MACD: Bearish signal with the MACD line below the signal line.
• RSI: Oversold territory indicating strong bearish momentum.
• KDJ: Continued bearish momentum.
• Williams %R: Indicates the market is oversold.
• Volume: Significant increase during the price drop confirms strong selling pressure.
The indicators confirm a downtrend.
What are your thoughts? Will the downtrend continue? Please like and share this analysis if you found it helpful!$DOGE #doge⚡