🐶📉 Doge Coin Warning: Bearish Signals Ahead! 📉🐶
Investors, buckle up—Doge is showing clear signs of a downturn:
1️⃣ Breaking Key Support
After failing to hold $0.08, DOGE slid through $0.075 support on heavy volume. That breakdown often signals further weakness.
2️⃣ Bearish MACD Crossover
The MACD line just crossed below its signal line on daily charts—momentum is turning negative.
3️⃣ Lower Lows & Lower Highs
Price action is forming a descending channel. Each bounce gets weaker, suggesting sellers remain in control.
4️⃣ Shrinking On-Chain Activity
Active addresses and transaction counts have dropped 20% over the past month, indicating fading interest.
🚩 What to Watch:
If DOGE closes below $0.07, the next target is $0.06.
A bounce back under low volume won’t convince bulls—need volume-backed reversal above $0.08 to flip the script.
💡 Strategy Tip:
Consider tightening stop-losses or scaling back long exposure until clear bullish signals emerge. Short-term traders might look for short entries on any rally toward $0.076–$0.078.
Stay cautious and manage your risk! 🔒
This is only my experience i am not a crypto advisor
