DOGE/USD extends corrective pullback from 200-bar SMA.
RSI recovery from oversold area backs the latest run-up.
The downward sloping trend line from February 07 keeps sellers hopeful.
Further upside needs to overcome bearish MACD before challenging the previous week’s top near 0.0645.
Alternatively, a downside break of 200-bar SMA level of 0.047 will recall the sub-0.0375 area while targeting the late-January swing lows near 0.0220.
RSI recovery from oversold area backs the latest run-up.
The downward sloping trend line from February 07 keeps sellers hopeful.
Further upside needs to overcome bearish MACD before challenging the previous week’s top near 0.0645.
Alternatively, a downside break of 200-bar SMA level of 0.047 will recall the sub-0.0375 area while targeting the late-January swing lows near 0.0220.
