DOGE has been pulling back after failing to hold momentum from the last push toward the 0.153 zone. The recent candles show weak volume on the bounce attempts, which usually means buyers are waiting for a better entry instead of chasing.
On the indicators, RSI is sitting in the lower zone, suggesting the market is cooling off rather than breaking down. MACD is still slightly negative, but the momentum is flattening, which often happens before a small reversal attempt.
Short-term view (1h–4h): Price may retest the lower support area again, but as long as buyers keep defending the recent low, a small recovery or sideways consolidation is more likely than a full breakdown.
Mid-term view (Weekly): DOGE still follows a wider accumulation pattern. If volume returns, the market could attempt another push toward the recent highs, but confirmation is needed from stronger buying activity.
This is just a personal opinion, not financial advice. Market can move differently at any time—trade safe.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
$DOGE DOGE Market Update & Short-Term Outlook
DOGE has been pulling back after failing to hold momentum from the last push toward the 0.153 zone. The recent candles show weak volume on the bounce attempts, which usually means buyers are waiting for a better entry instead of chasing.
On the indicators, RSI is sitting in the lower zone, suggesting the market is cooling off rather than breaking down. MACD is still slightly negative, but the momentum is flattening, which often happens before a small reversal attempt.
Short-term view (1h–4h):
Price may retest the lower support area again, but as long as buyers keep defending the recent low, a small recovery or sideways consolidation is more likely than a full breakdown.
Mid-term view (Weekly):
DOGE still follows a wider accumulation pattern. If volume returns, the market could attempt another push toward the recent highs, but confirmation is needed from stronger buying activity.
This is just a personal opinion, not financial advice. Market can move differently at any time—trade safe.