Dogecoin Slides Below $0.1420 as Key $0.1440 Resistance Caps Recovery Attempts

Dogecoin has moved into a weaker phase after dropping under the $0.1420 area against the US Dollar and is currently trading below its 100-hour simple moving average. The price is facing notable resistance near $0.1425 and a bearish trend line around $0.1440, while failure to break higher could open the way for a retest of supports around $0.1380 and $0.1360.