Dogecoin has a strong bearish momentum, could it fall further?Price is currently on a resistance level which is a pullback resistance and could reverse from this level to our take profit.
Entry: 0.1364
Why we like it:
There is a pullback resistance level.
Stop loss: 0.1407
Why we like it:
There is a pullback resistance level which lines up with the 50% Fibonacci retracement.
Take profit: 0.1288
Why we like it:
There is a pullback support level which aligns with the 127.2% Fibonacci extension.
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