Dogecoin Price Analysis — March 7
Bears continue to dominate DOGE as the meme token falls to the $0.1200 low for the first time in March. That said, bulls appear to be putting up a solid fight around that support level , indicating that bears lack the fuel to sustain a push lower.
With the broader market in rebound mode and the $0.1200 support line holding firm, we could see a rebound and a retest of the $0.1400 resistance in the coming days.
Nonetheless, the overall bias for DOGE remains bearish , prompting some caution against aggressive buying.
Meanwhile, my resistance levels are $0.1260, $0.1400, and $0.1450, and my support levels are $0.1150, $0.1000, and $0.0900.
Total Market Capitalization: $1.72 trillion
Dogecoin Market Capitalization: $15.7 billion
Dogecoin Dominance: 0.91%
Market Rank: #13

