DOGE 0.08972 -6.03% 1 Trend and Structure Price ~0.090$. We are in a stable descending channel (yellow trend line). The series of lower high / lower low continues. We are approaching a strong demand zone at 0.085–0.09$. Losing it — the path to 0.07$. 2 MA 7 / 25 / 99 MA7 ≈0.10 — price is below, short-term bearish. MA25 ≈0.15 and MA99 ≈0.18 — globally the trend is descending, the asset is below all averages. 3 Bollinger Bands (20) Price is at the lower boundary (≈0.07–0.09). Volatility is expanded — pressure is strong, but technically a rebound is possible. 4 Ichimoku (9/26/52) Price is below the cloud. The cloud ahead is red. Kijun and Tenkan are above the price — the trend is not broken. For now, this is a pure bearish market. 5 Parabolic SAR Points above the candles (~0.20) — confirmation of the descending impulse. 6 RSI (14) 32.7 — almost oversold. There is potential for a technical bounce 7 MACD (12,26,9) The histogram is negative, lines are below zero — the downward momentum continues, but is slowing down. Conclusion The key — holding 0.085–0.09$. Without a return above 0.12$, it's too early to talk about a reversal. Community, what do you think — is DOGE forming a bottom or is this just the middle of a correction?
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$DOGE /USDT (1W) — analyzing cold-bloodedly
DOGE
0.08972
-6.03%
1 Trend and Structure
Price ~0.090$. We are in a stable descending channel (yellow trend line). The series of lower high / lower low continues. We are approaching a strong demand zone at 0.085–0.09$. Losing it — the path to 0.07$.
2 MA 7 / 25 / 99
MA7 ≈0.10 — price is below, short-term bearish.
MA25 ≈0.15 and MA99 ≈0.18 — globally the trend is descending, the asset is below all averages.
3 Bollinger Bands (20)
Price is at the lower boundary (≈0.07–0.09). Volatility is expanded — pressure is strong, but technically a rebound is possible.
4 Ichimoku (9/26/52)
Price is below the cloud. The cloud ahead is red. Kijun and Tenkan are above the price — the trend is not broken. For now, this is a pure bearish market.
5 Parabolic SAR
Points above the candles (~0.20) — confirmation of the descending impulse.
6 RSI (14)
32.7 — almost oversold. There is potential for a technical bounce
7 MACD (12,26,9)
The histogram is negative, lines are below zero — the downward momentum continues, but is slowing down.
Conclusion
The key — holding 0.085–0.09$. Without a return above 0.12$, it's too early to talk about a reversal.
Community, what do you think — is DOGE forming a bottom or is this just the middle of a correction?