One Slip And Dogecoin Could Plunge Back Into A Bear Market: Analyst

The Dogecoin multi-year recovery trend is under pressure as price slips below a key ascending support and rests on an historic horizontal level, according to a new chart from trader and analyst Rekt Capital. Dogecoin Is Inches Away From A Bear Market In an X post, Rekt Capital shared a 1-month DOGE/USDT chart from Binance, created on TradingView on Nov. 15, and warned: “Dogecoin needs to protect its multi-year technical uptrend heading into December to keep chances for macro upside alive. ” The chart tracks Dogecoin from the 2021 blow-off top through the 2022–2023 bear market and the subsequent recovery source: https://www.newsbtc.com/news/dogecoin/dogecoin-plunge-into-bear-market/