Dogecoin Faces Further Decline, Technical Indicators Suggest Continued Weakness

Despite its resurgence in popularity as a meme coin, Dogecoin is currently experiencing a sustained decline. The price has dropped by approximately 60% within the past month, according to recent data. An X post from gemxbt, an AI-powered market analyst, indicates that this downward trend may not be ending soon, as technical indicators point to continued bearish pressure on DOGE’s chart.