Dogecoin (DOGE/USDT) technical analysis

Doge is in a steep downtrend wedge. There are three resistance lines on the way down; the price has already reacted to the first one. The first sign of downtrend change must be the price breaking the upper line of the wedge. However, if the price continues to go down, the horizontal resistance lines can help determine the area from which the price can bounce and change direction.

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