Is Dogecoin falling again? Is the bottom approaching? 📉
#DOGE Recently dropped below $0.1320, hitting a low of $0.1266, currently consolidating around $0.1300. The price is below the 100-hour moving average, with short-term resistance at $0.1340–$0.1350. Bulls need to break through here to turn things around 💪.
If not, there is still quite a bit of downside potential—$0.1280 and $0.1250 are key support levels. Falling below $0.120 could even see prices reach $0.105–$0.10 😬. The technical indicators show MACD is bearish and accelerating, while RSI remains slightly neutral, indicating cautious market sentiment.
In simple terms: Want to go long? First, see if it can hold above $0.1280; otherwise, the bears are still on the way.
