Can Dogecoin break $0.081? Heavy supply stands in DOGE’s way

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Dogecoin faces major resistance at $0.081, where approximately 35 billion tokens were purchased. A support zone sits at $0.0690, where over 5 billion DOGE were accumulated, supporting a potential rebound. Technical signals are mixed: the TD Sequential shows buy signals across multiple timeframes, while a bearish moving average crossover and RSI divergence reinforce negative sentiment. Long liquidations are increasing, putting additional pressure on the price. Dogecoin remains trapped in a triangular consolidation pattern and must break above $0.081 resistance to reverse its market structure.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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