$DOGE

📉 Bearish / Short Thesis

Technical Weakness: DOGE has recently been trading below key moving averages and experienced downward pressure, testing critical supports near ~$0.14–$0.18. A breakdown of these can fuel further drops, which is what short traders look for.

Investor Sentiment: Prediction markets now assign a very low probability (<1%) to hitting past all-time highs by the end of 2025, reflecting eroded confidence.

Fundamental Limits: Dogecoin’s inflationary tokenomics (uncapped supply) and limited merchant adoption weaken long-term upside fundamentals, which can compound bearish pressure.

So if you’re considering a short position:

DOGE
DOGEUSDT
0.12486
-3.96%

A short trade can profit if price breaks and holds below key supports (e.g., ~$0.14–$0.16).