📊 DOGE/USDT Market Update – June 27, 2025
🔍 Chart Overview
Price climbed into a strong bearish supply zone near $0.1650–$0.1660, showing clear signs of rejection as a bearish candle formed.
Two key demand zones lie below (~$0.1600–$0.1610 and a deeper zone near $0.1570–$0.1590). These could act as support during a pullback.
📉 Technical Context
Key pivot levels align: classic pivot R1 sits around $0.1655 while Fibonacci pivot resistance is similar—reinforcing the bearish area near current price .
Broader indicators show mixed signals: mid- and long-term moving averages lean bearish, short-term oscillators are neutral-to-overbought, signaling a potential short-term slide .
Overall sentiment on DOGE remains cautious—short-term sell signals dominate, and fear/greed sits in the “greed” zone (~74) .
🔮 Market Drivers
DOGE rebounded from a low near $0.143 mid‑week, gaining traction on strong volume—setting a base for the current bounce .
But recent data shows DOGE/USD is in a near-term downtrend on mid‑ and long‑term indicators, suggesting upside resistance may be temporary .
🔥 Trading Plan
Scenario Entry Zone Target Strategy Notes
Bearish rejection Entire bearish zone (≈ $0.1650–$0.1660) Demand zone 1 at $0.1600–$0.1610, deeper to zone 2 if broken Use tight stops above bearish zone; confirm on 5m–15m candles
Bullish breakout Sustained close above $0.1665–$1670 Re-test recent highs (~$0.1680–$0.1690) Ensure breakout is backed by volume and momentum
---
✅ Action Items
On short: wait for clear candle rejection from the bearish zone, targeting the first demand zone near $0.1600.
On long: only consider if a confirmed breakout (with volume) clears above $0.1670.
Watch 4‑hour and daily moving averages and pivot levels to validate direction.
Stay disciplined, manage your risk, and let price confirm the move. 🚀
