$DOGE Update 🚀 | Rebound First… Then Final Move? 🎯
$DOGE is currently trading near 0.096–0.10, after bouncing from the 0.080 support zone.
This move looks like a short-term relief rebound, not a confirmed trend reversal yet.
Market Structure
On the higher timeframe,
$DOGE is still moving inside a falling wedge / descending channel.
The overall structure remains bearish, with lower highs and lower lows still intact.
Rebound Scenario (Short-Term)
The current bounce can extend toward the 0.14 – 0.17 area, where multiple resistance factors align:
• Channel mid-line resistance
• Previous support turned resistance
• Strong historical supply zone
This area is likely to act as a major rejection zone.
Continuation Risk (Mid–Long Term)
If price gets rejected from the 0.16–0.17 region, the bearish trend may continue.
In that case, DOGE p could move toward the 0.038 support zone, a key long-term demand area.
This level also aligns with a potential macro bottom, where a new bullish cycle could start later.
Key Levels to Watch
• Support: 0.080 → 0.038
• Resistance: 0.14 – 0.17
Final View
Short-term upside is possible, but the bigger structure is still bearish.
A true trend shift only happens if DOGE breaks and holds above resistance.
Trade with patience and risk control.
This is a technical perspective, not financial advice.
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