Towards Shining Dogecoin (led by Elon Musk and X)Doge), now bitcoin (B T c) is struggling with.
DOGE, which emerged from the influence of Elon Musk, X, and even TradingView, tested a key level as BTC fell. Memecoin, which has recently attracted attention with its upward moves, is currently pushing the resistance level. But the threat from BTC has not averted yet. What’s the latest for DOGE? Which points are important?
Dogecoin (DOGE) Chart Review
DOGE, which was in a downtrend from $0.083, made its last decline to $0.055. DOGE, one of the popular coins among the Memecoin investors, is currently trying to break the resistance point. With DOGE breaking $0.063, the levels to target would be $0.0698 – 0.0746 – 0.0789 and $0.0847 respectively. In the process, Elon Musk and X may be closely followed for possible moves.
Barriers such as failure to exceed $0.063 and BTC staying below $25,000 naturally strengthen the hands of sellers in DOGE. However, support levels to watch will be $0.0599 – $0.0557 and $0.0531 respectively. If $0.0531 is lost, the selling pressure on DOGE may acquire a different dimension.