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DOGE price analysis shows weakening bearish momentum: source| TradingViewVolume on TradingView shows steady but moderate selling. The trend lacks the aggressive surges seen during decisive breakdowns
No strong bullish spike has appeared, signaling that buyers have not stepped in with conviction yet. A purple volume marker indicated an anomaly, but it failed to alter direction.
RSI at 35.04 positions DOGE near oversold territory without fully entering it
The reading still leans bearish, yet it hints at possible short-term relief. The smoothing line at 37.33 reinforces the low trend. Traders often track this zone for bounce setups.
MACD readings remain negative, with the line at -0.01249 and the signal at -0.01144. The histogram has begun narrowing, indicating a slowing downside
Lines are flattening, which often appears before consolidation phases. This behavior aligns with the weakening momentum noted across the chart.
Related Reading: Dogecoin ETF Whales Bet As Price Crashes
Analysts Track Trading Levels as DOGE Tests Its Range
Market expert BULL described DOGE as sitting in a buy wall zone during its correction
The post noted that traders who held through the decline were maintaining conviction. The comment aligns with the tightening range seen on the daily chart. It adds context to the current consolidation phase.
DOGE now trades inside a band watched by multiple observers
Ali’s chart signal, Altcoin Piooners’ structural call, and BULL’s zone commentary all reflect different angles on the same area. Each point to support strength around $0.12 to $0.14
None confirms a reversal, but each highlights why they are monitoring this region.
The broader trend remains down, yet the market is searching for a shift. Technical levels guide most current decisions
DOGE must break $0.16 to show any real change in tone. Until then, pressure and consolidation are likely.