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From what is seen on the 4-hour chart, the Doge cryptocurrency appears to be moving under a Bearish bias, where this can be seen from its price movement which is moving within a downward channel, although it is currently moving in ranging, where this is confirmed by the movement of the WMA (21) which is moving in the middle of the candle body but overall it is still moving below the WMA (200) which means that Sellers are still more dominant in this cryptocurrency, so that even though in the near future there will be a slight strengthening which is a correction from its weakening condition as long as it does not break through and close above 0.18721, Doge will continue its weakening back to the level of 0.15772 as its main target and 0.14440 as the next target to be targeted if supported by volatility and momentum of its weakening.
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*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
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