Technical analysis by sabri2003 about Symbol DOGE: Sell recommendation (8/26/2025)

sabri2003

"Dogecoin's recent performance has been bearish, with a 4.19% decline over the past 24 hours, bringing its price to $0.21. The current market capitalization stands at approximately $35.03 billion, with a trading volume of $4.21 billion. *Key Price Levels:* - *Support:* $0.08, where the price bounced back after reaching this zone - *Resistance:* $0.22, which could lead to a downward rebound if the price reaches it *Technical Analysis:* - *Moving Averages:* Neutral - *Indicators:* Sell signal - *Expected Scenario:* Buy at the $0.08 support level and sell at the $0.22 resistance level *Technical Insights:* - Some analysts believe Dogecoin may continue to rise towards the upper trend line of the descending channel - Others predict a decline due to short-term bearish resistance Let me know if you need more details or specific analysis.