DOGE's recent trend is quite interesting. The price has already broken below the key levels of EMA(7) and EMA(25) (around 0.139). Both moving averages are starting to bend downward, and a short-term death cross is already quite evident.



From the indicators, RSI(6) has dropped to a low of 39.56, and the MACD green histogram is shrinking, showing negative values (-0.00044). In simple terms, the bullish momentum has been completely exhausted, and the bears are now starting to take over. The daily candles are continuously bearish, with lows constantly moving lower. This kind of structural breakdown is a classic trend reversal signal.

If you want to participate in a shorting opportunity:
• Entry range: 0.1369 – 0.1396 is more appropriate
• Stop loss set at 0.1425
• First target at 0.1285, second target at 0.1160

The bearish momentum will likely continue, and the current rebound is just a pressure test. Don't be misled.
DOGE2,92%
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AltcoinTherapistvip
· 01-21 17:17
Doggy is about to kneel again? I already ran away a long time ago.
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RektRecordervip
· 01-21 14:21
Another death cross. Why do so many people believe this explanation?
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OnchainDetectivevip
· 01-20 13:35
According to on-chain data tracking, this wave of DOGE's death cross pattern is indeed suspicious. The RSI dropping to 39 is clearly a typical bearish trap signal. I saw it coming a long time ago. --- Obviously, the 0.139 level is the market maker's stress test. The trading pattern of the lows continuously moving downward is exactly the same as the previous coin washout methods. --- The rebound is just a false alarm. Don't be fooled, guys. The data showing the exhaustion of bullish momentum is very clear. --- After analysis and judgment, 0.1285 is the real defensive line. I've seen too many structural breakouts like this. --- Interestingly, MACD negative values combined with consecutive down candles, and through trading pattern correlation analysis, the bearish inertia is definitely going to continue. I agree with the stop-loss set at 0.1425.
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ImpermanentPhobiavip
· 01-20 09:00
Another one bearish on DOGE, is it true... The last time someone said that, it already rebounded.
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SwapWhisperervip
· 01-18 17:51
It's the same bearish rhetoric again. We all see EMA breaking below, but how many people truly dare to buy the dip at 0.1369? Rebound resistance test? I think, at that time, we'll be cut again in the opposite direction.
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MonkeySeeMonkeyDovip
· 01-18 17:51
Is this dog coin really going back home... Looking at these numbers, I feel a bit uneasy. Anyway, I don't dare to buy the dip.
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BlockDetectivevip
· 01-18 17:33
Dogecoin is really due for a drop; the bulls are out of energy.
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BlindBoxVictimvip
· 01-18 17:26
Here comes the bearish talk again. Are they really going to crash this time? Last time I heard this, I lost 20% directly.
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CompoundPersonalityvip
· 01-18 17:23
Here we go again with the death cross routine. I just want to ask, how many more people have been trapped by this?
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