Dogecoin / TetherUS

DOGE/USDT : Prepping up or for a big move to the downside ?

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DOGE/USDT is traversing within a falling channel after hitting record highs at $0.0872 on February 7.

There are 2 major resistances: 50 Moving Average and the upper line of the falling channel.

Should the aforesaid fierce resistances win, the Dogecoin could witness a sharp sell-off to the falling channel support, now aligned at $0.0389.

Acceptance above the latter would yield a technical breakout, negating the recent corrective decline while opening doors once again towards the all-time-highs.

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