Dogecoin remained bearish despite the short-term bounce from the 78.6% Fib level. This highlighted the lack of buying pressure and demand for the memecoin.
Realistic or not, here’s
With DOGE’s market structure remaining bearish on the higher timeframes, bulls will need a sustained rally to achieve significant results. A look southward showed the potential for bulls to rally from this level, as evidenced between early June to late July.
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