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Dogecoin (DOGE) breaks below key support, short-term trend is weak! Retail investors, take note!
Brother Luo sees that Dogecoin has fallen below $0.093, and the current price is consolidating at a low level, with short-term rebounds also being suppressed.
From a technical perspective, the price has already broken below the support level of 0.0925 and the short-term moving averages. Now, the 0.0925-0.0938 range has become a new resistance zone. Simply put, DOGE is currently in a bearish state.
If it cannot regain above $0.093, it may continue to decline further.
For short-term traders, the current trend is relatively weak.
Brother Luo recommends staying cautious and avoiding blindly chasing the rally! $DOGE