$DOGE Weekly Still Correcting, Not Reversing

Looking at $DOGE on the weekly, the structure is still pretty clear.

After the cycle top, price has been moving inside a descending channel.

Nothing dramatic just a slow, controlled correction.

Right now, DOGE is hovering around its mid-term moving average, which usually tells me one thing: the market is digesting, not deciding.

No confirmed reversal.

No clean breakdown either.

Key levels I’m watching:

Support: $0.11–0.12. If this zone holds, a technical rebound becomes possible.

Resistance: upper channel around $0.16–0.18. That’s where structure actually changes.

DOGEUSDT

Perp

0.12227

+0.7%

The bullish scenario is simple but not easy: A break above the descending channel with volume would signal the correction is likely over.

Until then, it’s just noise. The risk?

Losing both the MA and the $0.11–0.12 support would mean continued weakness and a longer consolidation phase.

This is one of those moments where patience beats prediction.

DOGE doesn’t need a narrative right now it needs confirmation.

The market always shows its hand before a real trend starts.

👉 Are you waiting for a confirmed breakout, or

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