2 hours ago
2
Key Takeaways
- DOGE at $0.11161, broke below rising channel support at $0.1116.
- RSI: 42.48/37.20, declining zone confirming technical weakness.
- 50-MA at $0.11332: recovery above needed to invalidate breakdown.
- 100-MA at $0.11174: price sitting just below.
- 200-MA at $0.10936: next major support if breakdown confirms.
- Previous support zone at $0.1080 below that.
The Breakdown and What It Means
Dogecoin has been trading inside a rising parallel channel since April 19, with price making higher highs and higher lows inside a clearly defined structure. The upper channel resistance connected multiple highs in the $0.1140 to $0.1180 range. The lower channel s...
English (US)