📉DOGEUSDT UPDATE- June 12, 2025 | SORE
Price $DOGE Currently: 0.18900,
Trend: Still a strong downtrend, consistently forming new lower lows.
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🔼 Up Scenario (short-term bounce):
If the price can hold above 0.18850 – 0.18900 and a reversal candle appears:
Bounce target: 0.19150
Continuation: 0.19350 – 0.19500
(Need to break the downtrend line for reversal validation)
🔽 Down Scenario (continuation breakdown):
If 0.18850 breaks with high volume:
Next decline target: 0.18600
Extreme continuation: 0.18300 – 0.18100 (weekly support area)
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📌 Note:
Downtrend is still active with a steep decline angle.
Seller dominance remains strong despite some buying pressure (53% buyers), but not enough to reverse direction.
Reversal requires at least 2 confirmation candles + breakout of the trendline.
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