Dogecoin / TetherUS
Short
Updated

Dogecoin's Bearish Channel Points to 30% Drop, Targeting $0.15

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Hello and greetings to all the crypto enthusiasts, ✌

In several of my previous analyses, I have accurately identified and hit all of the gain targets. In this analysis, I aim to provide you with a comprehensive overview of the future price potential for Doge coin, 📚💡

Dogecoin is currently situated within a robust descending channel, nearing a significant daily trendline and a strong resistance zone. As previously noted, it has lost several critical support levels, signaling the potential for further declines. I anticipate a minimum 30% drop, with a target price of $0.15. The support levels marked on the chart are based on historical price data and Fibonacci retracements, reinforcing the likelihood of additional downward movement.📚🙌

🧨 Our team's main opinion is: 🧨
Dogecoin is in a strong downtrend, nearing key resistance and a major trendline, and I expect a further 30% drop, with a target of $0.15, based on historical data and Fibonacci levels. 📚🎇

Give me some energy !!
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Cheers, Mad Whale. 🐋
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