Dogecoin’s rally above $0.39 has sparked optimism, but a $0.36 support breach could trigger a bearish reversal...
rally above the critical $0.39 resistance has reignited bullish sentiment, but the sustainability of this momentum hangs in the balance. With $0.36 emerging as a pivotal support zone, a breach below this level could signal a bearish reversal, putting recent gains at risk.
Despite this, however, the OBV maintained a steady upward trajectory – A sign of solid trading volume and market interest.A sustained break below this could trigger bearish sentiment, potentially nullifying recent gains. Conversely, a move above $0.40 could validate further bullish momentum, targeting $0.45 in the near term.A breach of the $0.36 support level could mark the onset of a bearish reversal for Dogecoin. Historically, this level has acted as a significant demand zone.
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