Dogecoin faces critical support as $57.2 million exits exchanges

Technical analyst Panos Andreou stated that Dogecoin could lay the foundation for a recovery if its price stabilizes between $0.082 and $0.087. He suggested that a breakout above $0.092 to $0.095, followed by a successful retest of that level, would signal stronger buying activity. Andreou identified $0.100 to $0.105 as the next significant resistance zone for Dogecoin, with a more ambitious target set in the $0.115 to $0.117 range. If Dogecoin manages to rise from $0.085 to the upper target, it would deliver a gain of nearly 38%.

Source: CoinTurk News