The trend of $DOGE is weak to the point of being ridiculous. Ever since it pulled up a big bullish candle on the 11th with high volume, it has leaked all the way down.
1. That day it had high volume of 538M (about 2x the usual), surged to 0.07315, then kept falling back to 0.0696. It’s a textbook case of a “news pulse” followed by a weak fallback.
2. It’s been grinding in the 0.069–0.070 range for 5 straight days. Volatility has basically dropped to zero. With no new catalysts, it’s just stagnant water—also because there hasn’t been any Musk-style shout-calling.
3. The overall market is weak too; it’s been suppressing the chart. If $BTC doesn’t reverse, then DOGE probably has no chance.
1. That day it had high volume of 538M (about 2x the usual), surged to 0.07315, then kept falling back to 0.0696. It’s a textbook case of a “news pulse” followed by a weak fallback.
2. It’s been grinding in the 0.069–0.070 range for 5 straight days. Volatility has basically dropped to zero. With no new catalysts, it’s just stagnant water—also because there hasn’t been any Musk-style shout-calling.
3. The overall market is weak too; it’s been suppressing the chart. If $BTC doesn’t reverse, then DOGE probably has no chance.