DOGEUSDT weekly TA Trend-Following Setup 🐶📉
$DOGE is currently trading around 0.127, and the weekly structure remains bearish. Price is clearly below EMA 7, EMA 25, and EMA 99, confirming a strong downtrend. The market is forming lower highs and lower lows, which means rallies are likely to be sold into rather than sustained breakouts.
🔑 Key Levels:
Resistance: 0.14–0.15 (EMA7 zone), then 0.17
Support: 0.12 (current), 0.10, and major low near 0.083
📊 Volume Analysis:
Volume has been declining, showing lack of strong buying pressure. No bullish volume expansion yet, so trend reversal is unconfirmed.
🎯 Trade Bias:
Preferred setup: Short on pullbacks
Short zone: 0.14–0.15
Invalidation: Above 0.165
Targets: 0.12 → 0.10 → 0.083
Aggressive longs only for short-term bounce near 0.118–0.12, with tight risk.
📌 Conclusion As long as DOGE stays below key EMAs, the bearish bias dominates. Trade with trend, manage risk, and avoid high leverage.
