$DOGE is trading in a clear short-term downtrend, sitting below MA5, MA10, and MA30, with bearish MA alignment signaling continued downside pressure. The rejection near 0.151 formed a lower high, reinforcing weak market structure.
Price has tested 0.1388 support and is holding for now, but declining volume suggests this is more of a pause than a true bounce. Without strong buying interest, upside attempts remain vulnerable.
As long as DOGE stays below 0.143–0.145, any move up looks like a sell-on-rally zone. A breakdown below 0.138 could extend losses toward 0.135. Bulls need a strong reclaim above 0.145 with volume to shift sentiment.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
DOGE Losing Momentum, Bears Still in Control
$DOGE is trading in a clear short-term downtrend, sitting below MA5, MA10, and MA30, with bearish MA alignment signaling continued downside pressure. The rejection near 0.151 formed a lower high, reinforcing weak market structure.
Price has tested 0.1388 support and is holding for now, but declining volume suggests this is more of a pause than a true bounce. Without strong buying interest, upside attempts remain vulnerable.
As long as DOGE stays below 0.143–0.145, any move up looks like a sell-on-rally zone. A breakdown below 0.138 could extend losses toward 0.135. Bulls need a strong reclaim above 0.145 with volume to shift sentiment.
📉 Bias: Bearish
📌 Support: 0.138
📌 Resistance: 0.145–0.148
⚠️ No reversal confirmation yet
#GateTradFiExperience #ChineseMemecoinBoom #BTCReboundto$96,000