$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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