Hello everyone, let’s take a look at the DOGE to USDT chart on a 1 day time frame. As you can see, the price is moving in the downtrend channel .

Let’s start with the designation of the support line and as you can see the first support in the near future is $ 0.0858, if the support breaks, the next one is $ 0.0662.

Now let’s move from the resistance line, as you can see, the first resistance is $ 0.0929, if you manage to break it, the next resistance will be $ 0.1079 and $ 0.1201.

Looking at the CHOP indicator , we can see that in the 1-day interval we have run out of energy, and the MACD indicator slowly changes direction but is still under the red line.