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Dogecoin Faces $0.033 Downside Scenario as October Forecast Points to $0.101

Dogecoin Faces $0.033 Downside Scenario as October Forecast Points to $0.101

Photo: TokenPost

Dogecoin (DOGE) is facing two opposing technical scenarios, with one setup pointing to a potential decline toward $0.033 and another projecting a move to $0.101 by the end of October. DOGE traded at $0.088 at 3:42 a.m. ET (07:42 UTC) Oct. 12, up 2.99%. A separate market reading placed the token near $0.09 with a 3.02% daily gain. The bearish scenario is based on a break below the lower trendline of a long-term bear flag on DOGE’s three-day chart. The setup places approximately $0.065 as an intermediate support level and $0.033 as the potential measured target.

Source: TokenPost

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