The technical chart shows that the Dogecoin price, which has been trading below the Ichimoku cloud, rallied into the lower boundary of the indicator, only to stall and reverse at a strong resistance zone.
Price Levels To Watch At the time of writing, Dogecoin is trading at $0.09087, down by 2.6% in the past 24 hours, meaning it has extended its losses since it encountered a clean Kumo rejection. On the downside, the short-term outlook is for continuation below current price levels following the rejection, with the Ichimoku cloud offering no support levels, given that price is already trading under it.
