#1MBABYDOGEUSDT is painting a Bearish Descending Channel on the 4-hour chart — a classic setup signaling continued downward pressure after failing to break key resistance.
🔎 Pattern Breakdown:
• Channel formed with lower highs and lows, trapped between parallel trendlines since late May highs.
• Current price at ~$0.00136 (as of 6:46 PM +07, June 5, 2025), testing the lower channel support with weak volume.
• RSI at 44, trending bearish with no clear divergence, hinting at sustained selling pressure.
😵💫 What’s Next? 🔸 If bears break below $0.00130, we could sink to:
• $0.00110 (first support)
• $0.00100 (major demand zone)
🔸 If bulls reclaim $0.00155, the bearish pattern fails, potentially targeting $0.00177.
📊 TL;DR: #1MBABYDOGEUSDT.P is sliding in a bearish channel — crack $0.00130 and bears take charge, or break $0.00155 and bulls fight back. Keep eyes on the chart, traders!
Disclaimer: Not financial advice. Crypto markets are highly volatile. DYOR and trade with precision.
