DOGE is approaching a multi-month descending trendline with rising volume and an overbought stochastic RSI. Price is coiling in a tight triangle just below both the 50 and 200 EMA — a major move is on deck.
🟢 Scenario 1 – Bullish:
Break above $0.18 and reclaim of the 200 EMA ($0.20) could launch DOGE toward $0.25+. A confirmed flip of the trendline would mark a major sentiment shift.
🔴 Scenario 2 – Bearish:
A rejection here and break below $0.16 could lead to a steep drop toward $0.12 or lower. The red path shows a return to the broader downtrend if bulls fail to step in.
⚠️ Stoch RSI is at extreme levels — suggesting the next move may come soon.
🟢 Scenario 1 – Bullish:
Break above $0.18 and reclaim of the 200 EMA ($0.20) could launch DOGE toward $0.25+. A confirmed flip of the trendline would mark a major sentiment shift.
🔴 Scenario 2 – Bearish:
A rejection here and break below $0.16 could lead to a steep drop toward $0.12 or lower. The red path shows a return to the broader downtrend if bulls fail to step in.
⚠️ Stoch RSI is at extreme levels — suggesting the next move may come soon.
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Try our strategy optimizer at quanttradingpro.com
Developing free strategies weekly stay tuned...
Join our discord discord.gg/2systG9frc
We provide education & tools.
Developing free strategies weekly stay tuned...
Join our discord discord.gg/2systG9frc
We provide education & tools.
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.