DOGE$DOGE is still trading in a clear downtrend on the 4H timeframe. Price continues to stay below key moving averages, and every bounce looks weaker than the previous one.

The zone above remains a strong supply area, so without a clean breakout, this move looks more like a technical pullback rather than a trend reversal.

At this stage, chasing longs on small rebounds carries higher risk patience around resistance is key.

DOGEUSDT

Perp

0.13835

-1.27%