$DOGE trades at 0.12977, down 2.48%, after a sharp rejection from the 0.13528 high. Price slipped to a 24h low at 0.12902 and is attempting a weak bounce from demand.
Key Levels: Resistance: 0.1315 – 0.1330, major cap at 0.1353
Support: 0.1290 – 0.1287, critical breakdown zone
Trend & Momentum: On the 1H chart, price remains below MA(7) 0.13018, MA(25) 0.13179, and MA(99) 0.13142, confirming bearish control. Lower highs and lower lows signal continuation risk despite minor relief candles.
Volume & Activity: 24h Volume: 533.97M DOGE
USDC Volume: 70.66M
Selling volume expanded on the drop, showing distribution after the failed breakout.
Outlook: As long as DOGE stays below 0.1315, bears dominate. Holding above 0.1290 may spark a short-lived bounce, but a clean loss of support could open deeper downside. Bulls need a strong reclaim above 0.133 to flip momentum back in their favor.
