Dados do insight

DOGE price peaked at $0.4853, a key level near the extreme overshoot of the Murrey Math lines tool. It has since dropped below the strong pivot release and the 50-day moving average. The accumulation/distribution indicator points downward, signaling ongoing distribution. The next critical level to monitor is $0.2293, which was the highest swing in March. This level also aligns with the horizontal line of the cup and handle pattern. A drop below $0.2293 could increase the likelihood of DOGE falling to the major support/resistance pivot at $0.1953, approximately 30% below the current price. Investors should be cautious of a dead cat bounce when considering buying the dip. A DCB occurs when an asset in a downtrend briefly rises before resuming its downward trajectory.$DOGE