Dogecoin Price Struggles to Break Through Key Resistance
Despite occasional short-term rallies, Dogecoin's price continues to trade below several key moving averages, reinforcing a broader bearish trend.
The cryptocurrency's technical outlook is complex, with momentum being one of the biggest obstacles to overcome. Each recovery attempt has been met with renewed selling pressure before a true breakout could materialize.
A sustainable Dogecoin recovery would likely begin with stabilization and accumulation. Reduced volatility and firm support levels would signal that sellers are losing control.