Dogecoin / TetherUS
Short

Will Dogecoin break support and drop another 15% soon?

1 792
Hello✌️
Let’s analyze Dogecoin’s price action both technically and fundamentally 📈.

🔍Fundamental analysis:
Dogecoin faces risk if the proposal to cut issuance goes live. Miner rewards would shrink sharply, which could trigger exits and weaken network security. Short-term pressure on price looks more likely than gains. ⚠️

📊Technical analysis:
DOGEUSDT has been moving inside a descending channel for several sessions and is now testing a key support level shown on the chart 📉. A confirmed breakdown below this zone could open the way for an estimated 15% decline, with the next potential support area seen around 0.1845 ⚠️.


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