Dogecoin (DOGE) is currently trading at $0.19210 against the US Dollar, with a modest decline of 0.43% in the current session.
DOGE has broken below a descending channel indicating stabilization and established a strong support zone around $0.18650-$0.19000.
The Relative Strength Index (RSI) is currently at 44.07, hovering in neutral territory and showing a slight bullish divergence.
Possible scenarios include a bullish scenario with targets at $0.24000-$0.25000, a neutral/consolidation scenario, and a bearish scenario with targets at $0.17000-$0.18000.