$DOGE

DOGE Price Analysis: Bears Suppress, Waiting for Buyers to Strike Back!

Brothers, DOGE has been trying to rebound recently, but the strength is really a bit feeble, indicating weak demand in the market, and bears currently have the upper hand. Let's take a look at how the key points are moving!

Bearish Route: Target $0.27

Death cross (bearish crossover) + RSI downtrend, this combination indicates that sellers currently hold the initiative.

If DOGE breaks below $0.30, bears are likely to continue their efforts, targeting $0.27 (61.8% Fibonacci retracement level).

Buyers' Defensive Position: The area from $0.27 to $0.25 is important support, and bulls are likely to fight hard to hold this line.

Bullish Counterattack: Target $0.43

If DOGE breaks above the moving average and stabilizes above it, that indicates bulls are making a comeback!

Once it stabilizes, the price may head straight to $0.43, at which point the bulls' voices will be louder.

Summary: Tug-of-war between bulls and bears, key points determine life and death!

Currently, market sentiment is bearish, but the area from $0.27 to $0.25 is the last battlefield for bulls; breaking above the moving average is the signal for a counterattack.