🚨 $DOGE Sideways Grind with a Hint of Bear Pressure
It's stuck in this choppy consolidation phase right now—mostly flat but leaning a bit bearish overall.
Nothing dramatic, just that slow bleed that's been hanging around.
On the volume side, looking at the recent candles, we saw some hefty selling kicks in during those dips—like that massive 25.78 billion chunk on June 25th. But here's the silver lining: the last couple of sessions have dried up a ton, volumes way down. Feels like the sellers might be running out of steam, you know? Could be setting up for a breather.
Capital flows are mixed, which keeps it interesting. Short-term futures are showing some fresh inflows—1H at about 1.46 million and 4H around 1.47 million—which screams a bit of buying dipping back in. But zoom out to the full 24H, and it's a net outflow of -10.93 million, so the bigger picture still smells bearish. Spot side's all red across the board too, steady selling pressure there. Classic tug-of-war.
*My Take on $DOGE Direction: I'm leaning cautiously bullish here, mainly for a quick short-term bounce. Nothing to bet the farm on, but the exhaustion signs are tempting.
*When to Jump In: I'd watch for a dip to that solid support around 0.1208 USDT—grab it there if it holds. Or, if we punch through 0.1300 with decent volume backing it, that could be your green light for a real move.
*Risk Management: SL at 0.1170 if you're in at 0.1208.
*Upside Targets $DOGE : First stop, 0.1356 (that's R1 resistance). If it picks up steam, push to 0.1429 (next resistance). Let's see if the buyers show up.
What do you all think? Any other alts catching your eye in this mess? Drop your thoughts below—always up for a chat. 🚀🐕#DOGE #DOGEUSDT #Dogecoin
