š“ $DOGE / USDT ā 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
ā”ļø Price is below all major EMAs, confirming a short-term bearish trend and loss of bullish momentum.
Key Levels
Immediate Support: 0.1220 ā 0.1205
Major Support: 0.1180
Resistance: 0.1260 ā 0.1275
Major Resistance: 0.1300 ā 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 ā bounce toward 0.126 ā 0.127
Bearish continuation: Break 0.1205 ā 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 ā 0.1225
TP1: 0.1260
TP2: 0.1275
SL: 0.1188
š Bias: Bearish short-term
Wait for confirmation at support before entering longs. Momentum is still weak, so manage risk tightly.
