<ul><li>Crypto analyst Selim warns investors not to get caught in the trap of Dogecoin's anger phase as smart money prepares to accumulate. Dogecoin price has gone through market psychology cycles, including the Euphoria phase at $0.43 and the Panic and Capitulation phase at $0.14.</li><li>The Dogecoin price is currently in the anger phase, hovering between $0.12 and $0.13. Selim predicts a short-term relief rally to $0.19, creating a potential bull trap, followed by a pullback to $0.11. A strong reversal is expected after the shakeout, with a target of $0.23 due to various factors.</li><li>Another crypto analyst, Ali Martinez, warns that Dogecoin price could drop to as low as $0.06, as it breaks out of an ascending parallel channel. Whales are offloading their holdings, with over 1.32 billion DOGE sold in the last 48 hours.</li><li>At the time of writing, Dogecoin price is trading at around $0.14, down over 4% in the last 24 hours.</li></ul>

Dogecoin Price Is In The Anger Phase: Don’t Get Caught In This Trap, Analyst Warns

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