Technical analysis by BiTBingo about Symbol DOGE: Sell recommendation (1/12/2025)

For Dogecoin, in order to complete the trend, we can expect to see the specified price levels: the $0.234 and $0.161 zones. If the support zone at $0.294 is fully consumed, the likelihood of seeing these levels increases.It seems that, given the consumption of the long-term resistance zone around the $0.455 price level, forming a new price peak is not out of the question. For a strong upward trend to develop, it’s necessary for orders to accumulate from lower levels.If the $0.294 support zone remains intact and a new price peak is formed, the likelihood of seeing lower price levels diminishes.You can follow more news and analyses on our Telegram channel:t.me/Bit_bingoWhat do you think of the analysis?