🟡 $DOGE /USDT Daily Analysis – June 9, 2025
Current Price: $0.18197 (🔻 -0.89%)
Sentiment: Bearish Pressure, Weak Support Bounce
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📌 Key Observations
1. 📈 EMAs Status
EMA(7): 0.18530 (above current price ❌)
EMA(25): 0.19853
EMA(99): 0.20531
➤ DOGE remains below all key EMAs, indicating bearish structure continues.
2. 📊 MACD
MACD: -0.00362
DIF: -0.00787 | DEA: -0.00424
➤ Deep in negative territory with no bullish crossover, weak trend change signal.
3. 📉 RSI (6)
RSI: 35.12 → Approaching oversold zone
➤ Could suggest a technical bounce, but not strong enough yet.
4. 🔊 Volume
Volume: 76.62M → Slight decline on recent red candles
➤ No strong buying interest, risk of continuation downward.
5. Support & Resistance
Resistance: 0.1853 → 0.1985 → 0.2050
Support: 0.1804 → 0.1642
➤ Below $0.1800, next support lies near April breakout zone.
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📈 Trading Strategy
🔹 Reversal Trade (High Risk)
Entry: Around current price $0.181–0.180
Target: 0.1853 → 0.1985
SL: Below 0.1740
🔸 Pullback Short Opportunity
Entry: On rejection from 0.1853–0.1880
Target: 0.1642
SL: Above 0.1900
🛑 Avoid chasing longs unless clear breakout above EMA(25) with volume.
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⚠️ Risk Notes
RSI nearing oversold could lead to bounce — but no clear MACD crossover yet.
Volume not favoring bulls.
Strong resistance near $0.198 — major level for trend reversal.
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🟢 Conclusion: DOGE is under selling pressure, trading below all major EMAs. A relief bounce is possible, but real bullish reversal needs a break above $0.1985. Until then, momentum favors short-term bears.
📅 Analysis Date: June 9, 2025 | Chart Source: Binance (1D)
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