$DOGE Analysis dated 08 Sep 2024.

We recently reached a high of 0.11, but since then, the price has dropped due to significant resistance levels, as shown in the image.

Currently, there are two potential directions for the price movement. It could either continue moving downward within the wedge, break the support zone, and drop to the previous low at 0.8. Alternatively, it could break the upper resistance and settle within the range of 0.95-1.10. However, in this case, there would still be resistance to overcome, although if there is enough support, it could potentially breakthrough due to weak resistance ahead.

But we have to keep in mind that both $BTC and $ETH are also likely to go down and in our perspective, it will also follow the downtrend

#USNonFarmPayrollReport #DOGSONBINANCE #BNBChainMemecoins #CryptoMarketMoves #TON