$DOGE 4H – Gradual breakdown toward demand
$DOGE /USDT is trading around 0.13099, down roughly 3.29%, as price continues to slide after failing to reclaim its short-term range.
The session recorded an intraday high near 0.13845 and a low around 0.13021, showing steady downside pressure rather than a sharp panic move.
What’s happening
After the rejection near the 0.153 zone, DOGE has been forming consistent lower highs on the 4H chart. Selling volume picked up on the recent drop, while buying attempts remained weak. Price is trading below key moving averages, which confirms fading demand and sellers keeping control for now.
Key Levels
Support
Immediate support is around 0.130–0.128
If this area breaks, next support sits near 0.120
Resistance
Near resistance stands around 0.134–0.138
Stronger resistance remains near 0.145–0.150
Trend
Short-term trend is bearish
Market structure favors sellers while price stays below the 0.138 area
Trade Idea
If price holds above 0.130 and selling pressure slows, a short relief bounce toward 0.134–0.138 is possible
If price breaks and closes below 0.128, downside continuation toward 0.120 becomes more likely
$DOGE is approaching an important support zone. The next reaction here will likely decide whether price stabilizes or continues the slow grind lower.
