$DOGE Trend Direction: Bearish (~65% probability)
Since DOGE is in a clear downtrend (MA 7 < MA 25 < MA 99, MACD below zero, no sign of a sustained reversal), I won’t list current buy/sell zones. Instead, look for a bounce off stronger support:
Potential Bounce Level
Key Support: $0.2217 (recent swing low)
Bounce Zone: $0.221–$0.223
If price drops into that zone and shows signs of stabilization (e.g. hammer candle, rising volume), you could:
Buy: $0.221–$0.223
Sell Targets:
First: $0.235 (MA 25 resistance)
Second: $0.247 (short‑term swing high)
Stop Loss: $0.218 (just below support)
Why Bearish?
Moving Averages: Price below all key MAs, which are aligned downward.
MACD: Histogram negative and DIF below DEA, indicating continued downward momentum.
RSI: Sitting mid‑range (≈45) with room to slide further.
Wait for a clear rejection off the $0.221–$0.223 zone before considering a bounce play.
