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The market is still in a downtrend after yesterday's decline,
The price of #دوجكوين has decreased by 2.07% over the past 24 hours.
On the hourly chart, the price of #DOGE is approaching the local support level at $0.1246. If the price does not rise by the end of the day, a continued decline to the $0.12 area is expected.
In the long term, there are no reversal signals for #DOGEUSDT yet. If the daily chart closes near its lowest point, there is a high probability of testing the nearest support level at $0.1199 by the end of the week.
In the medium term, the weekly chart close should be monitored regarding the support level at $0.1199.
If a price breakout occurs, the accumulated energy may be sufficient for a continued correction toward the $0.10 range.
The price of #Dogecoin is trading at $0.1256 at the time of writing this report.
$DOGE