🐶 Dogecoin is trying not to fall into the bear's bowl

After several days of bearish dances at $0.1650, DOGE is raising its tail again and climbing to $0.1720. The question is: is this an attempt to escape the bearish trend or just a yawn before the next drop?

📉 What do we see on the chart?

• The price is squeezed below $0.1760 — a resistance line that holds DOGE like a leash

• All EMAs (20/50/100/200) say: “Not yet”

• Supertrend: “Sell while you can”

• RSI shows weak recovery — but it’s like a dog wagging its tail a bit and going back to sleep

• Bollinger and Keltner have contracted like an investor's emotions before payday

⚠️ Where the market is looking:

— Below $0.1610 → you can catch DOGE at $0.1555, and if the dog is really sad — at $0.1460

— Above $0.1766 and $0.1855 → a chance to walk the token up to $0.1940 and beyond

— But for now, the chart says: “Sit, DOGE, sit!”

📊 Volumes?

— There are none. And without volumes — even memes don’t help.

⸻

📌 Dogecoin now resembles a lazy Shar Pei on the couch — it seems to move, but it's unclear if it will stand up. For a chance at growth, there needs to be substantial support from bulls and a confident breakthrough of $0.1760. For now, it resembles a prolonged walk along the bearish path.

#DOGE