DOGE – Bearish again?⚠️
Dogecoin / TetherUS BINANCE:DOGEUSDT
Let’s see how DOGE is behaving.
This is a 1H chart. (Short Term)
DOGE fell off the support area . Once it got another support, it came back up but got rejected again by the new resistance, which used to be the old support level .
We will experience consolidation for a while, and we might see another dump.
Be very careful because there are signs of more bearish flags forming.
The RSI shows that DOGE is below the 50 levels, the center.
If you want to know how the RSI indicator works, take a look at this Educational Idea. It’ll help you have better readings:
Current Market Price: $0.0837
Let me know your ideas.
Good luck.
