{Rising Community} The price of Dogecoin fell by nearly 4% due to short position pressure.

Dogecoin price analysis is conducive to short positions.The support level is firmly at $0

  • Dogecoin price analysis is conducive to short positions.
  • The support level is firmly at $0.07016.
  • DOGE/USD has fallen by 3.58 in the past 24 hours.

The price analysis of Dogecoin on July 16, 2027 shows that the market is bearish today. The price has experienced a significant decline and is currently struggling at $0.070307. Within this range, bears have a slight advantage over bulls, which makes it difficult for prices to break through this range. However, the support level is $0.07016, and if bears can break through this support level, prices may further decline. Currently, the DOGE/USD currency pair has fallen by 3.58% in the past 24 hours.

DOGE/USD1 daily price chart: DOGE price drops to 0.070307 US dollarselement

0.07294 element0.07016 element241.97%15%

20 50 200 RSI55.66 (MACD) MACD 0.07060 element50

Dogecoin price analysis 4-hour chart: DOGE price falls into the range

0.070307 element 0.07016 element 0.07294 element

RSI 51.41 DOGE MACD4 0.06789 element50

Conclusion of Dogecoin price analysis

0.07016 element 0.07030 element/element

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