Dogecoin (DOGE) is caught in a downward spiral, underscoring a bearish sentiment across the market. In the last 24 hours, DOGE has dipped by 7.16%, struggling to maintain momentum and lingering around the $0.365 mark.
The cryptocurrency failed to surge past critical resistance levels, suggesting that the market may face continued pressure. Indicators on the 4-hour chart point towards further potential volatility, leaving market participants in anticipation for a decisive move.
As DOGE grapples with these challenges, investors remain on guard for a clearer signal in the market's direction.
