Dogecoin seems to still be range bound $0.07-$0.11

DOGEUSDT

Dogecoin has been slowly rising, but it faced resistance near the 61.8% Fibonacci retracement level of $0.10. Bears pushed the price down below the 20-day EMA ($0.09), but the dip was bought by the bulls and the price started to recover.

If buyers maintain their buying pressure and push the price above $0.10, the DOGE/USDT pair could reach the crucial resistance at $0.11. If the price breaks below the 200-day SMA ($0.08), the pair may remain range-bound between $0.11 and $0.07.

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