$DOGE 👉 There is still room to decrease, NOT yet safe to conclude an uptrend.
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Why say the downtrend isn't over yet? • Daily frame (D1): price still below EMA 5–10–30 → main trend still downward • 1H frame: • The recent move is a technical rebound • Weak rebound strength, low volume • MACD just started to rise, not yet showing a bullish divergence
👉 This is a pattern: a rebound to continue selling, not a reversal.
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🎯 Important levels for easier decision-making
🔴 SCENARIO OF A DROP (more likely) • If it doesn't break above and hold above 0.1245–0.125 👉 Very likely to return to: • 0.120 • Deeper: 0.118 – 0.1175 (old bottom)
🟢 When can we say “the decline is over”?
Only when all 3 conditions are met simultaneously: 1. H1 closes firmly above 0.126 2. EMA10 crosses above EMA30 3. MACD widens positively
❌ Missing 1 of the 3 → not confident yet
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🧠 Practical advice (is important) • At this point: • ❌ Do not chase longs • ⏳ If no order yet → staying out is the best • If you already have an order: • Rebound to 0.124–0.125 but weak → exit / lightly short
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👉 To summarize for easy remembering:
The main trend is still down – this move is just a rebound.
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$DOGE 👉 There is still room to decrease, NOT yet safe to conclude an uptrend.
⸻
Why say the downtrend isn't over yet?
• Daily frame (D1): price still below EMA 5–10–30 → main trend still downward
• 1H frame:
• The recent move is a technical rebound
• Weak rebound strength, low volume
• MACD just started to rise, not yet showing a bullish divergence
👉 This is a pattern: a rebound to continue selling, not a reversal.
⸻
🎯 Important levels for easier decision-making
🔴 SCENARIO OF A DROP (more likely)
• If it doesn't break above and hold above 0.1245–0.125
👉 Very likely to return to:
• 0.120
• Deeper: 0.118 – 0.1175 (old bottom)
🟢 When can we say “the decline is over”?
Only when all 3 conditions are met simultaneously:
1. H1 closes firmly above 0.126
2. EMA10 crosses above EMA30
3. MACD widens positively
❌ Missing 1 of the 3 → not confident yet
⸻
🧠 Practical advice (is important)
• At this point:
• ❌ Do not chase longs
• ⏳ If no order yet → staying out is the best
• If you already have an order:
• Rebound to 0.124–0.125 but weak → exit / lightly short
⸻
👉 To summarize for easy remembering:
The main trend is still down – this move is just a rebound.