Dogecoin’s rebound from recent lows has carried the memecoin into a dense resistance area, with crypto analyst Kevin of Kev Capital TA warning that the move remains a “counter trend rally” unless Bitcoin confirms a broader market reversal. In a May 6 market update, Kevin said Dogecoin’s recovery has so far played out in line with his prior view that the asset was likely to see a rebound from deeply oversold levels.
Source: Read the original article
