💰#DOGE UPDATE 🚀
DOGE is trading around 0.07444 inside a descending channel from the 0.12000 highs in mid-May, with price now sitting just above the lower channel support near 0.06830. The channel has guided price relentlessly lower with no meaningful recovery, and the 0.07444 horizontal support zone that held for several days is now being retested as the last major defense before the channel lows.
A hold above the lower channel near 0.06980 and a breakout above the descending trendline near 0.08100 would open the door toward the 0.08700–0.09100 range. Losing 0.06980 on an 8H close would break the channel and expose the 0.06830 area. Reclaiming 0.07700 would be the first real sign that the selling pressure is exhausting.
#DOGE #Erinacrypto $DOGE
DOGE is trading around 0.07444 inside a descending channel from the 0.12000 highs in mid-May, with price now sitting just above the lower channel support near 0.06830. The channel has guided price relentlessly lower with no meaningful recovery, and the 0.07444 horizontal support zone that held for several days is now being retested as the last major defense before the channel lows.
A hold above the lower channel near 0.06980 and a breakout above the descending trendline near 0.08100 would open the door toward the 0.08700–0.09100 range. Losing 0.06980 on an 8H close would break the channel and expose the 0.06830 area. Reclaiming 0.07700 would be the first real sign that the selling pressure is exhausting.
#DOGE #Erinacrypto $DOGE