🐕 Dogecoin Rebounds to $0.12
Dogecoin (DOGE) broke and closed below the $0.12 support on June 24, but bulls started a recovery and pushed the price back above this level on June 25.
📈 Key Resistance Level
Bulls need to propel the price above the 20-day EMA ($0.13) to signal a robust recovery. If successful, the DOGE/USDT pair could rise to the 50-day simple moving average (SMA) at $0.15, suggesting that the range-bound action between $0.12 and $0.18 may continue for a few more days.
🐻 Bearish Scenario
If the price turns down sharply and breaks below $0.12, it will indicate that bears are in control. This could start a downward move toward $0.10, where bulls will again attempt to halt the decline.
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