<ul><li>Dogecoin has been struggling recently in line with the overall crypto market despite a market recovery, leading to a stall in the rally as investors wait for Bitcoin's next move.</li><li>Crypto analyst Lingrid on TradingView suggests waiting for Dogecoin to hit the support level at $0.17 before considering entry, as it aligns with the upward trend line preceding the recent rally above $0.18.</li><li>The analyst believes that a bounce from the $0.17 support level could signal a bullish rebound, potentially driving Dogecoin's price back up to around $0.1850.</li><li>However, if bears break down the $0.17 support level, a deeper correction could be expected, with the possibility of the price dropping further to $0.165, especially in the event of external market shifts or heightened volatility.</li></ul>

Wondering When To Buy Dogecoin? Analyst Says Wait For This Level

Discover more