#Doge Dogecoin Price Forecast – August 8, 2025
$DOGE / USDT continues to trade within a tight range, showing signs of indecision as technical indicators flash mixed signals. Here's a breakdown of the key levels and metrics shaping DOGE's short-term outlook.
📊 Key Technical Levels
Indicator / Zone Level / Signal
Current Price $0.2061
Resistance 1 $0.2135 – EMA cluster top
Resistance 2 $0.2468 – Supertrend barrier
Support 1 $0.2030 – Lower range support
Support 2 $0.1950 – Bollinger Band bottom
VWAP (30-min) $0.2049 – Acting as price cap
RSI (30-min) 60.67 – Momentum fading
DMI (1D) Mixed – Slight lead by -DI
Bollinger Bands (4H) Compressing – Neutral setup
EMA Cluster (20/50/100/200) All above price – Bearish pressure
OBV (Weekly) Stable near $64.5B
Spot Netflow (Aug 7) -$1.37M – Mild bearish bias
Supertrend (1D) Bearish below $0.2468
🔍 Market Sentiment Overview
#Dogecoin is currently trading just above its lower support zone at $0.2030, with resistance looming at $0.2135. The EMA cluster and Supertrend indicators suggest bearish pressure, while the RSI shows fading momentum. Spot netflows and VWAP positioning reinforce a cautious stance.
📌 What to Watch
A decisive move above $0.2135 could open the door to a short-term rally.
Failure to hold $0.2030 may lead to a retest of $0.1950.
Compression in Bollinger Bands hints at a potential breakout—direction still unclear.
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