Dogecoin Dips Ahead? Analyst Warns of Further Bearish Pressure

Dogecoin (DOGE) traders are bracing for potential price dips as market analyst CryptoJobs3 predicts further downside. With DOGE failing to reclaim its critical upward trendline at $0.40, bearish signals dominate the charts.

Key Levels to Watch

• Immediate Resistance: $0.40 (failed retest level).

• Support Zones: $0.347–$0.3400 (key pivot range), with further declines possibly targeting $0.30–$0.28.

Chart Insights

On the 4-hour chart, a confirmed bearish breakout suggests downward momentum. The weekly chart adds to this narrative, with DOGE falling below Ichimoku Cloud support and heading toward the flat Kijun-sen baseline around $0.30–$0.28.

Trader’s Takeaway

CryptoJobs3 advises caution, urging traders to wait for clear bullish reversal signals before entering long positions. Until then, Dogecoin’s price correction seems far from over.

Keep an eye on the $0.3400 support zone—it could signal DOGE’s next big move. #doge⚡