Dogecoin Price Action Faces Fresh Selling Pressure

The DOGE is trading below its 9-day moving average at $0.076696, and RSI at 34.79 further indicates that the currency is still in a downtrend. DOGE trades below its nine-day moving average at $0.076696, while RSI at 34.79 reflects continued weakness. Binance, OKX and Bitstamp lead the displayed exchange figures, although the treemap does not identify the underlying activity. Dogecoin price action continues to be pressured with daily consolidation patterns forming a descending channel while traders await for support and resistance and also for potential volatility expansion.