Technical analysis by kamalzakhoy about Symbol DOGE: Sell recommendation (3/5/2022)

As shown on the daily chart, the price retests the support at 0.12 for the third time and hasn't been able to break it down until the time I posted this. If breakdown happens at 0.12 and get confirmed, we expect the price will fall down toward the next support at 0.08. If breakdown fails on the other hand, the price will bounce back up to around 0.1368 to retest the downtrend line as shown on the picture. The main trend on the daily chart is still bearish, and the best places to buy more with caution are around 0.12 and around 0.08. ..............................................Good Luck