$DOGE DOGE/USDT – 1H Technical Analysis
Overall Trend:
The trend is currently weak bearish to sideways. The strong downtrend has slowed down, but a clear bullish reversal is not confirmed yet.
Price Action:
Current price: ~0.140
Recent low: 0.1382 (short-term support)
Recent high: 0.1446 (strong resistance)
Moving Averages:
MA(7) & MA(25) are close to the price → short-term consolidation
MA(99) around 0.1423 is acting as a strong resistance zone
RSI (~69):
RSI is near the overbought zone
This suggests a possible short pullback or sideways movement
Volume:
Volume remains low → buyers lack strong momentum
A strong bullish move requires volume confirmation
Trade Scenarios
Bullish Scenario:
If price breaks and closes above 0.1425–0.143 with strong volume
Targets: 0.145 – 0.147
Stop-loss: 0.139
Bearish / Pullback Scenario:
If price gets rejected near 0.142
Support levels to watch: 0.139 → 0.138
If 0.138 breaks, next support is around 0.135
Conclusion:
There is no FOMO setup yet.
Best approach is to wait for breakout confirmation or take scalp trades near support with a tight stop-loss.