Doge moves

Since the fakeout stopped around Jun 2022, Doge has entered a downtrend channel.
The Bollinger Bands are squeezing; whenever this happens, the price usually pumps or dumps with sudden moves. The lower band of the downtrend channel works as solid support. The higher band of the channel works as resistance, and until we can pass that band and confirm a price closure above that, Doge's situation is considered bearish.