Disclaimer: This is not financial or investment advice. You are responsible for any capital-related decisions you make, and only you are accountable for the results.
DOGE
Technical analysis & market mechanics
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- DOGE recently rejected from $0.1836 — which was local resistance — and is now trading above this level.
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- The secondary local resistance is around $0.200
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- The immediate structure is forming between $0.1635 and $0.20 — this mid-range acts as the current trading range.
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- A reclaim of $0.20 would be significant and opens the door for a measured move to $0.24 — a key target and short trigger zone.
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- DOGE continues to respect a broader bearish channel, with clean bounces off both upper and lower bounds — aligning with technical short zones.
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- From a shorter-term perspective, the price has broken out from a descending diagonal resistance, suggesting a momentum shift in the short term.
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- RSI has also broken out of oversold territory, showing that there's still room for upside before momentum stalls.
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- The downside remains open longer term, with the $0.14 zone as the primary target once the overextension completes and the price reverts.
Cryptonary's take
DOGE is on our radar for a late-stage move — we've seen this playbook before. Memes tend to lag and then overextend once the rotation hits, and we're positioning to catch that final leg, which we do expect to happen. We'll be building shorts into $0.24 and $0.264 with a small size, not front-running it. If it nukes from here, fine — but we want the high-probability entry. Stop sits cleanly above $0.295. No chasing, no guessing — we wait for the exhaust, then hit it. We do think DOGE has room to move higher into these zones over the coming weeks, so we'll be monitoring the developments closely. We anticipate $0.2000 will be tested in the coming days.
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