DOGE/USDT – Technical Analysis
Structure: Price is trading inside a descending channel, confirming a broader bearish trend.
Momentum: Sellers remain in control; recent candles show weak bounce attempts.
RSI (14): ~34 → near oversold, suggesting selling pressure is strong but a short-term relief bounce is possible.
Key Levels
Resistance:
Channel mid/top: $0.115 – $0.125
Support:
Local: $0.095 – $0.090
Major: $0.080
Scenarios
Bullish (relief bounce): Hold above $0.095 and reclaim $0.11 → move toward $0.12–0.13.
Bearish continuation: Lose $0.090 → downside toward $0.080 and potentially lower.
Bias: Bearish while inside the descending channel.
Invalidation: Daily close above channel resistance (~$0.125).
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DOGE
0.098
+4.52%