According to the external analysis, Dogecoin is lagging behind and is approaching the price areas that have repeatedly been bought in past rounds. The article considers the US$ 0.05 to US$ 0.06 to be the most critical observation area at the moment, and the short-line movement thus moves into a more sensitive position.
Doge's close to the support belt for years.
It is mentioned that DOGE is currently on the order of $0.073, which is significantly lower than the previous period. As the decline continued, prices were re-testing a supporting area that had lasted for years. The region has attracted many purchases since 2021 and has thus become the most topical of the current sub-lines.
The weekly signal is still missing.
According to the article, there has been no significant improvement in the weekly line structure. Weeks and 200 week horizons are coming closer to forming and crossing, and MCDs are losing their kinetic energy, indicating a slowdown in purchasing power. If the next line continues, DOGE could be closer to the US$ 0.05.
- 0.05 to 0.06 dollars: main support And...
- 0.09 US dollars: upper and upper resistance positions
- 0.13 to $0.15: Potential stress areas
Lost or scaled down at 0.05
According to the article, if multiple heads were held between 0.05 and 0.06, DOGE would still have the opportunity to rebound to 0.09. If the restoration is further enhanced, the price or continues to be tested at 0.13 to $0.15.
However, if the price falls effectively by 0.05 United States dollars, the long-term support structure will be significantly weaker, and the subsequent next exploration space may open, or point to the next phase between 0.035 and 0.04 United States dollars.