The Dogecoin price has spent the past few days attempting to recover from a decline that has affected the entire industry for weeks, shifting from a clear downtrend earlier in the month into a more constructive structure. After dipping below the $0.16 region, buyers began stepping back in to form a series of higher lows and nudging the price into a tighter range between $0.17 and $0.186.

The latest candles show Dogecoin trading just beneath a resistance band around $0.186, which is the same zone that capped upside attempts throughout the week. This is where the discussion from BitGuru’s technical outlook comes in, supported by the chart he shared on the social media platform X.

Dogecoin Price Trying To Rebound From Downtrend

The Dogecoin price is starting to exhibit so

See Full Page