📊 Analysis: #DogeCoin, the popular cryptocurrency, after experiencing an approximate 400% growth, has encountered a short-term resistance zone and entered a correction phase. As mentioned in the previous analysis, the coin is expected to drop towards the channel's lower bound in the medium term.
✨ Key Levels: ✅ Short-term Support: $0.25 ✅ Strong Support: The lower bound of the hypothetical ascending channel around $0.17
📌 Prediction: The movement within the ascending channel structure is still valid, and a reaction to the mentioned support levels is expected.
——————————————————— 📅 Date: 2025/02/04 📢 For more analyses: @MohsenHasanlu
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