Dogecoin Price Tumbles Below Support, Why This Could Be Strong Bearish

Dogecoin extended its decline below the $0.070 support against the US Dollar. DOGE could continue to move down towards the $0.0620 support zone.DOGE gained pace and traded below the $0.072 support against the US dollar.
The price is trading below the $0.0700 zone and the 100 simple moving average (4-hours).
There is a key bearish trend line forming with resistance near $0.0698 on the 4-hours chart of the DOGE/USD pair (data source from Kraken).
The pair could dive further towards the $0.062 supp