Dogecoin’s price has hit a snag as it attempts to break above a critical resistance level at $0.28, hindering a bullish ascent.
The meme coin has now reverted to defending its position above the $0.25 support level. Technical analysis reveals that the recent rejection at $0.28 has stalled a predicted breakout over technical indicators.
This highlights ongoing bearish developments impacting Dogecoin’s momentum and future price prospects.