Entry Zones and Expected Movement for Dogecoin

The Dogecoin cryptocurrency has returned to its daily demand zones 

after breaking the downtrend and beginning an upward movement.

We expect to see a move towards the overlapping buy demand zones

located on the 4-hour timeframe, near the 0.12020 level.

Currently, the coin is facing significant challenges, so please wait and closely monitor price action.

Expected Scenarios

We currently have several possible scenarios for the coin.

The first scenario is a return to the uptrend if buy reversal signals appear

from the overlapping demand zones on the 4-hour timeframe near the 0.12020 level.

In that case, we might see a renewed upward movement and a return to the upward trend.

The second scenario is a decline, but this requires a break and close below the demand zones.

In this case, we might see a drop to the next level near 0.10440.

In any case, it is best at the moment to wait and monitor price behavior before making a decision.