Is Dogecoin [DOGE] Due for a Bearish Retracement After Its Impressive Upside This Week?

The memecoin validated bullish interest courtesy of its recent performance but it is now approaching notable zones where sell pressure is likely to start manifesting.

After observing a sell pressure at the end of September, Dogecoin (CRYPTO: DOGE) found favor with the bulls on Friday.

DOGE soared 8% in the last 24 hours, trading at $0.135 at press time. This marks the eighth consecutive day of being in the green.

To put things into perspective, Dogecoin prices have pushed into the overbought zone according to the RSI. It also pushed past the first resistance level.

What Happened: Dogecoin extended its gains on Friday, continuing a bullish momentum that began last week. The memecoin soared by 8% in the last 24 hours, trading at $0.135 at press time.

According to IntoTheBlock, sell pressure is likely to start manifesting at or around the $0.140 price level.

After struggling to secure momentum following a sell pressure that kicked off at the end of September, Dogecoin found favor with the bulls on Friday.

According to IntoTheBlock, sell pressure is likely to start manifesting at or around the $0.140 price level.

After observing a sell pressure at the end of September, Dogecoin found favor with the bulls on Friday.

According to IntoTheBlock, sell pressure is likely to begin manifesting at or around the $0.140 price level.

After observing a sell pressure at the end of September, Dogecoin found favor with the bulls on Friday.

According to IntoTheBlock, sell pressure is likely to begin manifesting at or around the $0.140 price level. After observing a sell pressure at the end of September, Dogecoin found favor with the bulls on Friday.

According to IntoTheBlock, sell pressure is likely to begin manifesting at or around the $0.140 price level. After observing a sell pressure at the end of September, Dogecoin found favor with the bulls on Friday.

According to IntoTheBlock, sell pressure is likely to begin manifesting at or around the $0.140 price level. After observing a sell pressure at the end of September, Dogecoin found favor with the bulls on Friday.

According to IntoTheBlock, sell pressure is likely to begin manifesting at or around the $0.140 price level. After observing a sell pressure at the end of September, Dogecoin found favor with the bulls on Friday.

According to IntoTheBlock, sell pressure is likely to begin manifesting at or around the $0.140 price level. After observing a sell pressure at the end of September, Dogecoin found favor with the bulls on Friday.

According to IntoTheBlock, sell pressure is likely to begin manifesting at or around the $0.140 price level. After observing a sell pressure at the end of September, Dogecoin found favor with the bulls on Friday.

According to IntoTheBlock, sell pressure is likely to begin manifesting at or around the $0.140 price level. After observing a sell pressure at the end of September, Dogecoin found favor with the bulls on Friday.

According to IntoTheBlock, sell pressure is likely to begin manifesting at or around the $0.140 price level. After observing a sell pressure at the end of September, Dogecoin found favor with the bulls on Friday.

According to IntoTheBlock, sell pressure is likely to begin manifesting at or around the $0.140 price level. After observing a sell pressure at the end of September, Dogecoin found favor with the bulls on Friday.

According to IntoTheBlock, sell pressure is likely to begin manifesting at or around the $0.140 price level. After observing a sell pressure at the end of September, Dogecoin found favor with the bulls on Friday.

According to IntoTheBlock, sell pressure is likely to begin manifesting at or around the $0.140 price level. After observing a sell pressure at the end of September, Dogecoin found favor with the bulls on Friday.

According to IntoTheBlock, sell pressure is likely to begin manifesting at or around the $0.140 price level. After observing a sell pressure at the end of September, Dogecoin found favor with the bulls on Friday.

According to IntoTheBlock, sell pressure is likely to begin manifesting at or around the $0.140 price level. After observing a sell pressure at the end of September, Dogecoin found favor with the bulls on Friday.

According to IntoTheBlock, sell pressure is likely to begin manifesting at or around the $0.140 price level. After observing a sell pressure at the end of September, Dogecoin found favor with the bulls on Friday.

According to IntoTheBlock, sell pressure is likely to begin manifesting at or around the $0.140 price level. After observing a sell pressure at the end of September, Dogecoin soared by 8% in the last 24 hours, continuing a bullish momentum that began last week.

According to IntoTheBlock, sell pressure is likely

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