DOGE is being traded in a crucial area to regain level of $0.1

Dogecoin (DOGE) price is now under crucial test to regain the $0.1 level. On the hourly chart, we keep an eye on the yellow shaded area, between the dynamic resistance level and EMA-200.

Surpassing this area, is the key for DOGE price to continue the uptrend toward the green shaded area between $0.1007-0.1037.

While breaking down below the EMA-100, may invalid the previous bullish hypothesis, and may lead the DOGE price again the red shaded area, below the $0.09 level.

Commentaire:

Bullish hypothesis rejected. DOGE is testing the support of the EMA-25. Breaking below the EMA-25 may lead to $0.0816-0.0782 as next bearish targets.