$DOGE
DOGE/USDC – Latest Analysis
DOGE is currently trading in a weak corrective structure after rejecting from its recent high. The overall trend remains bearish to neutral unless price reclaims key resistance with strong volume.
Structure: Lower highs are still intact → sellers have control.
Support zone: Price is hovering near a short-term demand area. If this level breaks, DOGE can see a sharp continuation to the downside.
Resistance: A strong supply zone above; previous breakdown area acting as resistance.
Momentum: Volume is declining, indicating lack of buyer strength. Any bounce without volume is likely a dead-cat bounce.
Trade Bias:
❌ Below resistance → sell on pullbacks
✅ Only bullish if price breaks and holds above resistance with volume
Conclusion:
DOGE is not bullish yet. It’s a patience market — wait for either a clean breakdown for shorts or a confirmed breakout for longs. Chasing here is risky
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