$DOGE — 1H Chart Read 📊
DOGE is trying to stabilize after the drop to $0.08053, but the 1H structure is still slightly bearish for now.
Price is below the $0.08400 Supertrend, and the bounce from $0.0805 hasn’t reclaimed the key resistance zone yet. The good part for buyers is the order book: 57.78% bids vs 42.22% asks, so there is some demand underneath.
Recent market analysis also has $0.0824–$0.0825 as an important broader support area, while $0.085 remains a near-term reclaim level.
Key levels
Resistance: $0.0827 → $0.0840
Major resistance: $0.0861
Support: $0.0815
Major support: $0.08053
Next downside: $0.0790
Short setup
Entry: $0.0827–$0.0835 on rejection
SL: $0.0845
TP1: $0.0815
TP2: $0.0805
TP3: $0.0790
I’d prefer the retest + rejection rather than shorting at $0.08205 after the bounce.
Bullish flip
If DOGE gets a clean 1H close above $0.0840, the short thesis weakens significantly. Reclaiming $0.0861 would give buyers a much better structure toward $0.088–$0.090.
My bias: Neutral-to-bearish below $0.0840.
The setup becomes interesting for bulls only after that level is reclaimed and held.
This one is actually pretty clean technically: $0.084 is the line in the sand, $0.0805 is the key floor.
#DOGE
DOGE is trying to stabilize after the drop to $0.08053, but the 1H structure is still slightly bearish for now.
Price is below the $0.08400 Supertrend, and the bounce from $0.0805 hasn’t reclaimed the key resistance zone yet. The good part for buyers is the order book: 57.78% bids vs 42.22% asks, so there is some demand underneath.
Recent market analysis also has $0.0824–$0.0825 as an important broader support area, while $0.085 remains a near-term reclaim level.
Key levels
Resistance: $0.0827 → $0.0840
Major resistance: $0.0861
Support: $0.0815
Major support: $0.08053
Next downside: $0.0790
Short setup
Entry: $0.0827–$0.0835 on rejection
SL: $0.0845
TP1: $0.0815
TP2: $0.0805
TP3: $0.0790
I’d prefer the retest + rejection rather than shorting at $0.08205 after the bounce.
Bullish flip
If DOGE gets a clean 1H close above $0.0840, the short thesis weakens significantly. Reclaiming $0.0861 would give buyers a much better structure toward $0.088–$0.090.
My bias: Neutral-to-bearish below $0.0840.
The setup becomes interesting for bulls only after that level is reclaimed and held.
This one is actually pretty clean technically: $0.084 is the line in the sand, $0.0805 is the key floor.
#DOGE
