Next Move for $DOGE /USD
Based on the latest chart analysis:
• The price is significantly down at 0.13265, breaking below previous support levels.
• MACD: Indicates continued bearish momentum.
• RSI & Williams %R: Both suggest oversold conditions, hinting at a potential short-term rebound.
• Volume: High during the decline, confirming strong selling pressure.
Conclusion:
• The downtrend is confirmed, with potential for a short-term rebound due to oversold conditions. Monitor closely for any signs of reversal before considering an uptrend.
What are your thoughts? Will the downtrend continue or will we see a rebound? Please like and share this analysis if you found it helpful!#doge⚡ $DOGE