Dogecoin Risks More Pain As Price Retests Critical Support – Analyst Warns Of 37% Breakdown

While some market observers remain optimistic abou

Dogecoin Risks More Pain As Price Retests Critical Support – Analyst Warns Of 37% Breakdown

Dogecoin Risks More Pain As Price Retests Critical Support – Analyst Warns Of 37% Breakdown

While some market observers remain optimistic about Dogecoin (DOGE)’s long-term prospects, an analyst has identified a bearish continuation pattern in the short-term chart that could lead to another major correction for the memecoin.

Dogecoin trades within a descending triangle formation. Source: Ali Martinez on X
Dogecoin’s performance in the one-week chart. Source: DOGEUSDT on TradingView

Featured Image from Unsplash.com, Chart from TradingView.com

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