Dogecoin (DOGE) Falls By 18% After Sharp Rejection
Dogecoin (DOGE) has broken out from a bullish pattern but has so far failed to reclaim an important horizontal area.DOGE has been falling since reaching an all-time high price of $0.73 on May 8 last year.
In June, the price bounced at the $0.165 horizontal support area. However, the bounce was weak and the price broke down at the beginning of Jan.Afterward, it proceeded to reach a low of $0.107 on Feb 24.While DOGE has been moving upwards since, it is still trading below the aforementioned $0.165 area, which is now expected to act as resistance.
Source
https://t.me/Doge_ShibaInu