DOGE bulls are waiting for lower entry levels as the price of Dogecoin continues under negative pressure.

The price of Dogecoin might potentially fall another 15% before bulls pull up buy-side activity.
The price of DOGE has already dropped 40% from its October peak and still has further to fall.
Bears are likely to squeeze out any lingering profits on their short positions, with a bullish breakthrough conceivable next week.

Dogecoin (DOGE) hasn’t exactly been in a good place lately, as price action has shifted even further to the downward. Bears are continuing to breach key support levels, converting them to resistance. Bulls, on the other hand, are waiting for the proper opportunity to develop a long position in DOGE price movement as headwinds diminish. Bears are expected to push the DOGE price down another 15% until bulls intervene, most likely around $0.20. Expect major buy-side takeup at that level, with a bullish breakout perhaps in the works next week.

The DOGE price is showing signs of gaining traction in the direction of a bullish comeback.

In November, the Dogecoin price did not have such a fantastic track record. Bears gained control after a failed effort to break over $0.36, driving DOGE prices…