📊 Technical Analysis – DOGE/USDT (June 12, 2025)
🔻 Current Price: $0.1884
🔻 Daily Change: -7.32%
📉 Daily Trend: Mild bearish with potential stabilization
🕐 Chart: Daily (1D)
📌 Technical Indicators:
✅ EMA(7): 0.1907 ⬇️
✅ EMA(25): 0.1981 ⬇️
✅ EMA(99): 0.2048 ⬇️
🔴 All 3 EMAs are pointing to continued bearish momentum. EMA(7) trading below the others signals short-term weakness.
📉 RSI(6): 43.36
→ Neutral zone, not oversold or overbought. Approaching the 30 mark, which could indicate a potential buy zone soon.
📊 Volume: $567M
→ Declining volume typically suggests consolidation after a sharp drop. Weakening selling pressure could open room for a technical rebound.
💸 DCA Strategy (Dollar Cost Averaging)
💰 For long-term accumulation based on current chart structure:
💸 Entry 1 (40%): $0.185
💸 Entry 2 (30%): $0.177
💸 Entry 3 (30%): $0.164 (last visible low)
This strategy helps reduce risk during extended pullbacks by focusing on a better average price.
🟢 Swing Trade Idea
If price breaks through the resistance zone at $0.198–$0.204, it may attract buyers aiming for:
🎯 Targets:
Short-term: $0.222
Mid-term: $0.243
🛑 Suggested Stop (swing): Below $0.180
⚠️ Disclaimer
This analysis is for educational purposes only. Nothing here is financial advice. Always DYOR (Do Your Own Research) and use proper risk management.
📈 After the recent drop, DOGE is attempting to stabilize. RSI shows signs the worst may be over, but no clear reversal confirmed yet.