DOGE is back inside the 0.070–0.075 buy zone, near the lower boundary of the descending channel. Interestingly, similar areas previously became the starting point for strong recovery moves.
The broader 8H trend is still bearish, so this is a rebound setup rather than a confirmed reversal. If buyers continue defending the current zone and DOGE reclaims 0.078–0.080, momentum could strengthen toward 0.084–0.085, followed by the main target near 0.0909.
The broader market backdrop is becoming slightly more supportive. The Dollar Index has eased toward 101.8, oil is down more than 3%, and equities are rebounding as the market stabilizes after last week’s Binance shock. Binance also reports that withdrawals are stabilizing, reducing some of the immediate stress across crypto.
The bullish setup weakens if DOGE loses 0.070 and breaks below channel support.
Preferred scenario: hold 0.070–0.075 → reclaim 0.080 → 0.085 → 0.0909.
The broader 8H trend is still bearish, so this is a rebound setup rather than a confirmed reversal. If buyers continue defending the current zone and DOGE reclaims 0.078–0.080, momentum could strengthen toward 0.084–0.085, followed by the main target near 0.0909.
The broader market backdrop is becoming slightly more supportive. The Dollar Index has eased toward 101.8, oil is down more than 3%, and equities are rebounding as the market stabilizes after last week’s Binance shock. Binance also reports that withdrawals are stabilizing, reducing some of the immediate stress across crypto.
The bullish setup weakens if DOGE loses 0.070 and breaks below channel support.
Preferred scenario: hold 0.070–0.075 → reclaim 0.080 → 0.085 → 0.0909.
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Join our group and unlock real-time Forex, gold, and crypto signals — sharp insights, fast alerts, and opportunities you don’t want to miss.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.