#DOGE After breaking the range-bound volatility box that has held steady for several days, the current price is around 0.0802 USDT.
The current coin price has already fallen below the 34-day moving average (0.0819) and the 89-day moving average (0.0833), and the H1-level chart structure has clearly shifted into a bearish trend.
The 0.0815–0.0830 area is the key resistance zone to watch after the rebound. If DOGE enters a rebound but cannot regain and hold above the box and moving-average levels that were previously broken, the market will most likely continue to move downward—first targeting 0.0790, and then further probing the core target at 0.0770 USDT.
Today’s macro backdrop is also favoring the bears. The 10-year U.S. Treasury yield has just pushed above 5%, and the market is pricing in a greater than 90% probability that the Fed will raise rates by 25 basis points. Before the FOMC outcome, both Bitcoin and Ethereum are also under overall pressure. In a risk-averse market sentiment like this, high-volatility MEME coins such as DOGE often face even greater downside pressure.
Only if DOGE can genuinely reclaim the 0.0830–0.0835 range and return to the original consolidation box would this bearish outlook no longer hold true.
The current coin price has already fallen below the 34-day moving average (0.0819) and the 89-day moving average (0.0833), and the H1-level chart structure has clearly shifted into a bearish trend.
The 0.0815–0.0830 area is the key resistance zone to watch after the rebound. If DOGE enters a rebound but cannot regain and hold above the box and moving-average levels that were previously broken, the market will most likely continue to move downward—first targeting 0.0790, and then further probing the core target at 0.0770 USDT.
Today’s macro backdrop is also favoring the bears. The 10-year U.S. Treasury yield has just pushed above 5%, and the market is pricing in a greater than 90% probability that the Fed will raise rates by 25 basis points. Before the FOMC outcome, both Bitcoin and Ethereum are also under overall pressure. In a risk-averse market sentiment like this, high-volatility MEME coins such as DOGE often face even greater downside pressure.
Only if DOGE can genuinely reclaim the 0.0830–0.0835 range and return to the original consolidation box would this bearish outlook no longer hold true.
