FX.co ★ Technical analysis of Dogecoin for November 7, 2022

The expected correction from the 0.1584 high is unfolding nicely and should continue to add pressure on Dogecoin towards support near 0.0883 from where we will be looking for the next strong rally towards strong resistance at 0.3500.

Only a direct break above resistance at 0.1354 will indicate that the unfolding correction has completed pre-maturely and call for the next leg higher towards the long-term target at 0.3500.