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DOGE technical analysis.
Dogecoin (DOGE) has been stuck between the 20-day EMA ($0.06) and the horizontal support at $0.06 for the past few days.
Generally, a reduction in volatility will be followed by a range expansion. If the DOGE/USDT pair spikes and closes above the 20-day EMA, it will show that the bulls are trying to make a comeback. The pair could then rise to $0.07. Buyers will have to overcome this barrier to initiate a rise to $0.08.
This positive view will be invalidated if the price turns down and breaks below the $0.06 support. That could drag the price down to the next support at $0.055. The bulls are expected to defend this level vigorously.
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