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PEby u/pedroreyes·4dAnalysis

$DOGE: Looking at the 0.070 support again

Watching $DOGE closely around this 0.070 level. It's been tested multiple times, and the daily candles show a struggle to hold it. If we crack decisively below 0.070, especially on higher volume, I think we're looking at a pretty quick run down to the next support around 0.065. On the flip side, a bounce here could signal some accumulation, but it'd need to break above 0.073-0.074 to really get my attention for any upside.

My primary concern is if the daily closes firmly under 0.070. That would invalidate any short-term bullish thesis for me and suggest further downside is more probable than not. It's a high-risk area right now, one way or another.

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