šŸ”“ $DOGE / USDT – 15m Technical Analysis

DOGE is trading around 0.1227 after a sharp bearish dump, showing strong selling pressure on the lower timeframe.

EMA Structure

EMA(7): 0.1267

EMA(25): 0.1274

EMA(99): 0.1272

āž”ļø Price is below all major EMAs, confirming a short-term bearish trend and loss of bullish momentum.

Key Levels

Immediate Support: 0.1220 – 0.1205

Major Support: 0.1180

Resistance: 0.1260 – 0.1275

Major Resistance: 0.1300 – 0.1310

Price Action Insight DOGE faced strong rejection near 0.1307, followed by a clean breakdown below EMA support with large bearish candles. This indicates profit booking and long liquidation, common after meme-coin spikes.

Scenarios

Relief bounce: Hold 0.1220 → bounce toward 0.126 – 0.127

Bearish continuation: Break 0.1205 → next move toward 0.118

Trend recovery only if: Price reclaims and holds above 0.128

Trade Idea (Short-Term)

Buy zone (scalp only): 0.1215 – 0.1225

TP1: 0.1260

TP2: 0.1275

SL: 0.1188

šŸ“Œ Bias: Bearish short-term

Wait for confirmation at support before entering longs. Momentum is still weak, so manage risk tightly.