#TopCoinsSeptember #TopCoinsSeptember2024

The long tail on the December 20 candlestick shows that the bulls are trying to arrest the decline at the 61.8% Fibonacci retracement level of US$ 0.27. The recovery is expected to face selling at the moving averages. If the price turns down from the upper resistance, the DOGE/USDT pair could plummet to the breakout level of US$ 0.23.

The first sign of strength will be a break and close above the 20-day Exponential Moving Average (EMA) of US$ 0.38. This will indicate aggressive buying at lower levels.