$DOGE – At Weekly Support… But Not Bullish Yet
$DOGE is currently approaching a major weekly support zone $0.08 – $0.05 .
This area has previously acted as a strong demand zone, so it’s definitely a level to watch. However, structure still matters.
Price remains bearish, trading inside the falling red channel with clear lower highs and lower lows.
For the bulls to take over again, we need:
- A clean break above the falling red channel
- Followed by a shift in structure on lower timeframes
Until that happens, this is simply a test of support within a broader bearish correction.
⚠️ Disclaimer: This is not financial advice. Always do your own research and manage risk properly.
📚 Stick to your trading plan regarding entries, risk, and management.
#DOGE #BullishMomentum #TrendingTopic

DOGEUSDT
Perp
0.09646
+5.17%