Dogecoin (DOGE) bulls have retreated as the breakout beyond the $0.063 level loses momentum.

Dogecoin’s recent short-term bullish trend and its overall structure turned bearish following a rejection at the $0.064 mark. As bears persistently apply pressure, it is anticipated that there may be a complete retracement of the rally witnessed last week.

The bulls of Dogecoin (DOGE) sparked a rally on September 28th following a decline into a demand zone. They successfully broke through the immediate resistance at $0.063. However, within the past 24 hours, bears managed to swiftly push for a retracement.

Dogecoin is now facing the possibility of another decline towards its support level as the momentum in the market has turned bearish. Read More...