Dogecoin's Persistent Selling Pressure Keeps Downtrend Intact (Technical Analysis)
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Traders Union569 FollowersFollow5ShareSavePlay(6min)CommentsSummaryDogecoin trades near $0.124 after losing all major moving average support.The $0.155 to $0.16 zone has flipped into firm overhead resistance.Persistent spot outflows and long liquidations reinforce downside risk. bizoo_n/iStock Editorial via Getty Images By Parshwa Turakhiya Dogecoin (DOGE-USD) continues to trade under heavy structural pressure on Thursday as the market extends a prolonged downtrend that has dominated price action since October. DOGE is hovering near the $0.124 areaThis article was written byTraders Union569 FollowersFollowTraders Union is a leading financial portal dedicated to empowering traders and investors with essential information to maximize their success in the financial markets. Its mission is to create a trusted platform where users can easily access comprehensive details about the top brokerage firms offering the most favorable and seamless trading conditions. Founded in 2010, Traders Union was built on the idea of providing thorough and unbiased reviews of international forex brokers, along with high-quality content covering global trading and investment trends. Traders Union saves time and effort by making the process of selecting a reliable broker hassle-free. With the Traders Union Broker Rating, users have all the data needed to make well-informed decisions, eliminating the need for endless research and review reading.