Dogecoin's correction from $0.7 to $1.05 comes to a halt. The current technical levels give bearish signals, implying that the downtrend will continue. Support appears to have been developed at $ 0.55, and if it holds, the potentially major correction will be avoided. Bulls must concentrate on settling above $.6 in order for the focus to move to $1. The precipitous drop represents a rise in seller supremacy.