$DOGE is still stuck in the corrective phase that kicked off back in November 2024. The sharp flash crash on October 10 made the broader structure harder to interpret, but the core scenarios outlined earlier still hold weight.
While the yellow path allowing for one more push higher is technically still in play, current price action continues to lean heavily to the downside.
Key support zones to keep an eye on: $0.096, then 0.080, and deeper down at $0.054. Whether DOGE actually revisits those lower levels remains to be seen, but for now, there’s no strong evidence that a bottom is in.
Momentum remains bearish and price continues to trend lower. A reversal could form eventually, but until momentum shifts, there's little reason to lean bullish just yet.
