$DOGE continues to trade under a clear descending trendline, and that keeps the overall structure bearish for now.
Here’s the current situation
Price is testing the 0.10 – 0.11 demand zone, a level where short-term relief bounces can happen. This zone is important, but it’s not enough to flip the trend on its own.
As long as $DOGE stays below the descending trendline and the 0.14 – 0.15 resistance, sellers remain firmly in control. Any upside without a clean breakout should be treated as a pullback, not a reversal.
Risk scenario: If current support fails, liquidity opens below, and price could slide toward the 0.08 – 0.07 region, where the next major demand sits.
Key takeaway: Bounces are possible, but structure is still weak. Trendline break + reclaim = strength. Lose support = deeper downside.
Trade the levels, not the hype. $DOGE is at a decision point
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IncurringALossOf3000U
· 4h ago
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$DOGE continues to trade under a clear descending trendline, and that keeps the overall structure bearish for now.
Here’s the current situation
Price is testing the 0.10 – 0.11 demand zone, a level where short-term relief bounces can happen. This zone is important, but it’s not enough to flip the trend on its own.
As long as $DOGE stays below the descending trendline and the 0.14 – 0.15 resistance, sellers remain firmly in control. Any upside without a clean breakout should be treated as a pullback, not a reversal.
Risk scenario:
If current support fails, liquidity opens below, and price could slide toward the 0.08 – 0.07 region, where the next major demand sits.
Key takeaway:
Bounces are possible, but structure is still weak.
Trendline break + reclaim = strength.
Lose support = deeper downside.
Trade the levels, not the hype.
$DOGE is at a decision point