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Dogecoin Price Threatens Breakdown After Two H4 Retests

  • The Dogecoin price is at risk of a breakdown from its current support level.
  • Crypto analyst UB suggests that the Dogecoin price will potentially bounce at key support levels, but the price action remains range-bound until a break of .239 or .285.
  • Analyst Kevin Capital also warns of a possible breakdown for Dogecoin, as it failed to regain higher levels of support.
  • However, there are indications of a possible rebound for Dogecoin as the Relative Strength Index (RSI) in the 4-hour timeframe reaches the oversold zone.

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