🚨 Technical analysis for coin $DOGE | 4-hour timeframe
🔹 Current price: $0.0699 📉 (-4.42% over 24h)
– It is moving within a clear bearish trend, with ongoing formation of lower highs and lower lows, confirming sellers’ control over the overall direction.
– A clear break of previous support zones, along with accelerating negative momentum, reflecting the weakness of any real rebound attempts so far.
– The area $0.0650 – $0.0591 represents the main support / demand.
– It is trading near the 26.27 level in oversold regions, which may support a temporary technical rebound.
🔼 Bullish scenario (upside):
If it holds steady and breaks above $0.0859
🎯 $0.0893 – $0.0947 – $0.1007$
🔽 Bearish scenario (downside):
If it breaks $0.0678 with a 4-hour close
❌ $0.0650 – $0.0591 – $0.0520$
📌 Note: Any rise toward resistance areas is considered a correction within the bearish trend unless it is broken and stays above it.
$DOGE #DOGE #DOGE原型柴犬KABOSU去世
🔹 Current price: $0.0699 📉 (-4.42% over 24h)
– It is moving within a clear bearish trend, with ongoing formation of lower highs and lower lows, confirming sellers’ control over the overall direction.
– A clear break of previous support zones, along with accelerating negative momentum, reflecting the weakness of any real rebound attempts so far.
– The area $0.0650 – $0.0591 represents the main support / demand.
– It is trading near the 26.27 level in oversold regions, which may support a temporary technical rebound.
🔼 Bullish scenario (upside):
If it holds steady and breaks above $0.0859
🎯 $0.0893 – $0.0947 – $0.1007$
🔽 Bearish scenario (downside):
If it breaks $0.0678 with a 4-hour close
❌ $0.0650 – $0.0591 – $0.0520$
📌 Note: Any rise toward resistance areas is considered a correction within the bearish trend unless it is broken and stays above it.
$DOGE #DOGE #DOGE原型柴犬KABOSU去世