DOGEUSDT Update | June 12, 2025 - NIGHT
Current price $DOGE : 0.18800 | 24-hour Low: 0.18752
Trend: Still down, no significant reversal candle yet
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🔼 Bullish Scenario (short-term bounce):
If the price holds above 0.18750 and buyer volume remains dominant (currently 60.51%):
Potential quick bounce to: 0.18980 – 0.19150
Further target (retest trendline): 0.19350
Reversal confirmation only occurs with a breakout > 0.19450 and closing above it
🔽 Bearish Scenario (continuation breakdown):
If 0.18750 breaks:
Nearest target: 0.18550
Strong continuation: 0.18300 – 0.18100
(this is the major weekly support zone)
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📌 Additional Notes:
Selling pressure has eased slightly, but the trend hasn’t reversed
Buyers are temporarily dominant, but there is no strong green candle for reversal validation yet
Stay cautious of fakeouts while the price is below the downward trendline
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Recommendation:
Wait for a confirmation of breakout or breakdown in the 0.18750 – 0.18950 area. This area will determine the next direction in the coming hours.
