Dogecoin price drop below $0.25, fit falling go $0.21
Dogecoin price don continue to fall after e drop pass the $0.2550 support, e dey trade under $0.25 and the 100-hour simple moving average. The meme coin test low near $0.2302 and now e dey balance between $0.2320 and $0.2450. Immediate resistance dey at $0.2450–$0.2500, higher barrier dey for $0.2600, $0.2780 and $0.2920. For downside, the key support level for $0.2300 and $0.2250 fit make am lose more, go down reach $0.2120 or $0.2050 if dem break am. Technical indicators still dey bearish: the hourly MACD hold negative momentum and RSI dey under 50. Traders suppose watch for close pass $0.2600 to show say reversal dey come; if not, the bearish trend fit continue.
Bearish
Dogecoin price dey trade below critical support and di 100-hour SMA, plus di hourly MACD dey negative side and RSI dey below 50, wey show say bearish momentum still dey strong. For short term, if e break below $0.2250, e fit cause more fall go $0.2120 or $0.2050, wey go increase di selling pressure. For long term, if e no fit regain resistance for $0.2600, e fit discourage bullish moves and make di downward pressure strong. Traders go likely hold cautious or short-biased positions till dem see clear reversal signals wey confirm di bearish outlook.