Dogecoin Price Analysis: DOGE/USD approaching $0.2500 support after bearish curve

TL;DR Breakdown Dogecoin price analysis is bearish for today.DOGE/USD continued to decline overnight.Closest support at $0.2500. Dogecoin price analysis is suggesting bearish signals on the 24-hour chart after the coin dropped by 3.12 percent from yesterday’s price,  correcting from $0.30 to $0.26. Therefore, we expect bearish momentum to continue later today and lead DOGE/USD towards a retest of the $0.25 mark next where the bulls can then consolidate for renewed strength.  Generally, the digital asset market is trading with mixed signals for the last 24 hours after Bitcoin went down by 1.40 percent, Ethereum went up by 3.34 percent, and Solana, the best performer, gained 13 percent.  Dogecoin price movement in the last 24 hours: Dogecoin continued to decline DOGE/USD traded in a range of $0.2696 – $0.2756, indicating mild volatility over the last 24 hours. Total trading volume underwent a 3.72 percent plummet and totals $1.47 billion, while the total market capitalization trades around $37 billion, ranking the coin at position #7 overall. DOGE/USD 4-hour chart: Will DOGE move to retest the $0.2800 support? On the 4-hour Dogecoin price analysis chart, we can see the meme coin price declining over the last 24 hours as bears target the $0.2800 support next. DOGE/USD 4-hour chart. Source: TradingView Dogecoin price action witnessed strong gains over the past 4 weeks. However, after setting a new higher high at the $0....