Bears are not giving up so easily, according to CoinStats.
![](https://cnews24.ru/uploads/d0b/d0b45f2e204e2618beae6fab2a16348e9e89a5fe.png)
DOGE/USD
The price of DOGE has fallen by 1.57% over the past 24 hours.
![](https://cnews24.ru/uploads/4d2/4d25f7e6fcf9b7142e19631f2bf9bed1d6b2d521.png)
On the hourly chart, one should pay attention to the local support level of $0.08045. If the price does not get above it, the correction is likely to continue to the $0.078 zone soon.
![](https://cnews24.ru/uploads/a47/a470c0181ebbbe0614da6c73e124bc5f376dbde4.png)
On the bigger time frame, traders should focus on the daily bar in terms of yesterday's low. If that happens, the correction may continue to the next support area at $0.075.
Such a scenario is relevant until the end of next week.
![](https://cnews24.ru/uploads/4fc/4fcc2c9a37b4a40daed1cea3db9f20fa9f10ddfe.png)
From the midterm point of view, the rate of DOGE has made a false breakout of the resistance level at $0.08380. If the bar closes far from it, there is a high chance of a further drop to the $0.070-$0.075 range by the end of the month.
DOGE is trading at $0.08036 at press time.