【DOGE surges to 0.0913 then "loses momentum"? Sentiment wanes, bears are taking over!】

GateUser-1941ae0d

2026-04-12 02:58:17

Structural Analysis (1H + 4H)

4-hour level

Current price 0.0913 has entered a stage pressure zone (0.091–0.094)

Multiple previous attempts to surge and fall back in this area

Overall structure belongs to:

End of rebound + dense trapped positions above (bearish bias)

1-hour level

Clear signs of surge and fall back + upper shadow

Highs failed to break through sustainably, starting to consolidate and weaken

Moving averages gradually flatten, a death cross is expected

Essential:

Decaying upward momentum → correction window opens

Bearish logic (core basis)

Price touches the pressure zone of 0.091–0.092

Short-term rally shows weakness (no continuation)

If it breaks below 0.0895, a correction will be confirmed

Currently:

Post-rally high-level consolidation → more likely to fall back

Prioritize short positions at the current location, avoid chasing longs

【DOGE Today’s Short Position Strategy】

Entry point: 0.0914

First take profit: 0.0900

Second take profit: 0.0886

Stop-loss position: 0.0928

DOGE-2.2%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

1 Likes