$DOGE

It has formed an ascending channel pattern, indicating a slight advantage for the bulls.

If buyers push the price above $0.44, the DOGE/USDT pair could rise to the resistance line of the channel near $0.50. The bears are expected to mount a strong defense at $0.50. If the price turns down from the resistance line, it will signal that the pair could extend its stay inside the channel.

The bears will have to pull the price below the 20-day EMA ($0.36) to take control. This could start a downward move to $0.30 and then to $0.23.