Technical analysis by CryptoNuclear about Symbol DOGE: Buy recommendation (5 hour ago)

DOGE has entered one of its most decisive phases in recent months. The chart shows the market has just lost one of its strongest technical pillars: the primary ascending trendline that supported the entire multi-month rally. Once that trendline broke, structure shifted from accumulation → distribution, and the momentum immediately favored the sellers. DOGE attempted a recovery, but the retest into 0.183–0.208 was rejected aggressively, forming a classic failed bullish continuation pattern. This typically signals that market makers have chosen the lower liquidity zones as the next destination. Price is now sitting around 0.151, caught between: A freshly-confirmed resistance zone above, and The major demand block at 0.105–0.093, one of the strongest historical accumulation zones on the chart. This demand block is not random. It is where high-volume positioning and historical liquidity clusters have repeatedly formed. If DOGE drifts lower, this is where the next major battle will take place. --- Key Pattern Highlights 1. Trendline Breakdown + Failed Retest A textbook sign of a trend transition from bullish to bearish. A failed retest often leads to a continuation selloff. 2. Consistent Lower Highs A clear representation of seller dominance and weakening bullish momentum. 3. Deep Liquidity Wick The long downward wick signals liquidity hunting — often occurring before price seeks a major support level. 4. Compression Toward Demand Price structure is tightening downward, a typical sign of distribution. --- Bullish Scenario The bullish path is countertrend and requires strong confirmation. Bullish structure only returns if: 1. DOGE closes above 0.183, 2. Reclaims 0.208 as support, 3. Retests the zone successfully without losing it again. If these conditions are met, higher targets open: 0.260 0.290 0.395 (macro resistance zone) Until then, every bounce remains a relief bounce, not a reversal. --- Bearish Scenario This remains the structurally dominant scenario: 1. Rejection around 0.160–0.170, 2. Breakdown below 0.148–0.140, Opens the door toward the main target: 🎯 0.105 – 0.093 (major demand zone) If this zone fails, DOGE may hunt liquidity as low as: 🔻 0.072 — a macro support level visible on the chart. Because the gap between these zones is wide, downward continuation can accelerate quickly if sell volume increases. --- > DOGE is trading below a trendline that once shaped its entire bullish structure. The failed retest tells us the market still favors the downside. Unless price reclaims 0.183–0.208, the primary scenario remains a continuation move toward the 0.105–0.093 demand zone — the key area that will determine whether DOGE prepares for a major rebound or extends its correction further. --- #DOGE #Dogecoin #Crypto #TechnicalAnalysis #PriceAction #CryptoCharts #DemandZone #TrendlineBreak #AltcoinAnalysis #SwingTrading #CryptoMarket