Buyers tried to push Dogecoin (DOGE) above the resistance level of $0.44 on November 19, but the bears successfully prevented it.
DOGE/USDT daily chart | Source: TradingView
The DOGE/USDT pair has been stuck in the range of $0.33 and $0.44 for the past few days, indicating a fierce battle between the bulls and the bears. If the price breaks above $0.44, it will signal that the bulls have overwhelmed the bears. This could push the price of the pair up to $0.50 and then to $0.59.
Conversely, if the price breaks down below $0.33, it indicates that the bulls are liquidating their positions. The price could drop to the 20-day EMA at $0.30, an important short-term support level to watch.
