$DOGE — 1H Chart Read 📊
DOGE is sitting in a pretty important decision zone here.
The bounce from $0.07831 is decent, but the 1H structure is still bearish because the price remains below the Supertrend at $0.08093. The latest green candle is testing that level now, so this is where I’d want confirmation rather than forcing a trade.
Recent market analysis also places $0.0780–$0.0785 as an important support area, while a reclaim toward $0.084 would improve the short-term structure.
Key levels
Resistance: $0.0808–$0.0810
Major resistance: $0.0822
Support: $0.0794
Major support: $0.07831
Next downside: ~$0.0770
Short setup
Entry: $0.0807–$0.0811 on rejection
SL: $0.0818
TP1: $0.0794
TP2: $0.0783
TP3: $0.0770
I wouldn't short $0.07999 right now because the price is already sitting close to support. The better setup is letting DOGE retest the $0.0808–$0.0810 area and see whether sellers defend it.
The order book is slightly buyer-heavy at 52.73% bids vs 47.27% asks, which also supports waiting for confirmation rather than chasing the downside.
Bullish flip 👀
If DOGE gets a clean 1H close above $0.08093 and holds that level on retest, the short setup weakens.
Above that, I'd watch:
$0.0822 → $0.0835 → $0.0840
So the chart is quite simple right now:
Below $0.08093: sellers still have the edge.
Above $0.08093: recovery attempt starts looking more credible.
Below $0.07831: downside structure opens up again.
Bias: Bearish below $0.08093, but don't chase at current price.
#DOGE
DOGE is sitting in a pretty important decision zone here.
The bounce from $0.07831 is decent, but the 1H structure is still bearish because the price remains below the Supertrend at $0.08093. The latest green candle is testing that level now, so this is where I’d want confirmation rather than forcing a trade.
Recent market analysis also places $0.0780–$0.0785 as an important support area, while a reclaim toward $0.084 would improve the short-term structure.
Key levels
Resistance: $0.0808–$0.0810
Major resistance: $0.0822
Support: $0.0794
Major support: $0.07831
Next downside: ~$0.0770
Short setup
Entry: $0.0807–$0.0811 on rejection
SL: $0.0818
TP1: $0.0794
TP2: $0.0783
TP3: $0.0770
I wouldn't short $0.07999 right now because the price is already sitting close to support. The better setup is letting DOGE retest the $0.0808–$0.0810 area and see whether sellers defend it.
The order book is slightly buyer-heavy at 52.73% bids vs 47.27% asks, which also supports waiting for confirmation rather than chasing the downside.
Bullish flip 👀
If DOGE gets a clean 1H close above $0.08093 and holds that level on retest, the short setup weakens.
Above that, I'd watch:
$0.0822 → $0.0835 → $0.0840
So the chart is quite simple right now:
Below $0.08093: sellers still have the edge.
Above $0.08093: recovery attempt starts looking more credible.
Below $0.07831: downside structure opens up again.
Bias: Bearish below $0.08093, but don't chase at current price.
#DOGE
