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#DOGE
🐶Currently, DOGE is at a critical juncture between life and death, and the trend is very crucial⚠️
📉 Bearish scenario: once broken, be cautious
If the price continues to decline and closes below $0.13, it will essentially confirm the start of a new downward trend.
In this case, DOGE may quickly drop to the October 10 low of $0.08385📉
It should be noted that this level is likely to attract bottom-fishing buy orders, and a short-term rebound may occur.
📈 The first signal of a bullish counterattack
There is only one true strong signal👇
👉 Price breaks through and stabilizes above the 20-day moving average
This indicates that the bulls are defending the key level of $0.14, and sentiment is beginning to warm up🔥
Subsequently, DOGE is expected to rebound to the 50-day moving average of $0.16
If momentum continues, further upward push to $0.188 cannot be ruled out🚀
🎯 Trend summary
Below $0.13: bearish, watch out for accelerated decline
Above the 20-day moving average: bullish revival signal