🐕 $DOGE — ARE THE BULLS LOSING CONTROL?
🔴 Dogecoin is under pressure again! After attempting a recovery, the price has returned to $0.08505. Buyers failed to hold above $0.0873.
📊 WHAT DOES THE CHART SHOW?
🔻 RSI (6): 33.59 — sellers are increasing the pressure.
🔻 MA(7): $0.08683 — the price is below the short-term trend.
⚠️ MACD is still positive on the histogram, but the recovery momentum is fading.
🎯 TWO SCENARIOS:
🟢 LONG: A move back above $0.0868 would open the way to $0.0874–0.0909.
🔴 SHORT: A break below $0.0838 could trigger another test of $0.0811.
💡 MY POSITION:
As long as $DOGE remains below $0.0868, sellers have the advantage. The key question is — will the $0.0838 support hold?
🔥 $DOGE is gearing up for a new move. Are you expecting a breakdown or a reversal?
#DOGE #Dogecoin #crypto #trading #BinanceSquare
🔴 Dogecoin is under pressure again! After attempting a recovery, the price has returned to $0.08505. Buyers failed to hold above $0.0873.
📊 WHAT DOES THE CHART SHOW?
🔻 RSI (6): 33.59 — sellers are increasing the pressure.
🔻 MA(7): $0.08683 — the price is below the short-term trend.
⚠️ MACD is still positive on the histogram, but the recovery momentum is fading.
🎯 TWO SCENARIOS:
🟢 LONG: A move back above $0.0868 would open the way to $0.0874–0.0909.
🔴 SHORT: A break below $0.0838 could trigger another test of $0.0811.
💡 MY POSITION:
As long as $DOGE remains below $0.0868, sellers have the advantage. The key question is — will the $0.0838 support hold?
🔥 $DOGE is gearing up for a new move. Are you expecting a breakdown or a reversal?
#DOGE #Dogecoin #crypto #trading #BinanceSquare