DOGES is 11% weekly, but the charts come in the $1.80 rally
Dogcoin to $ 0.159, but the rsi, bulls, and whale stocks indicate the continuation of trends.
After falling more than 11% over the past seven days, Dogecoin is at $0.159. Despite the recent losses, traders are watching for signs of a possible short-term reversal.
A number of technical indicators show that it is possible to raise the lows below.
Ability to distinguish significantly on the daily chart
It has the ability to create a significant difference in the daily chart of Dogecon. The price strength index (RSI) is showing a higher level. This setup, shared by the oil band, is usually indicated in order before the price starts to recover.
The miracle is that “dojecon exposed government remains valid.
In particular, the exchange zone is affected by the price of the developer on the chart, which RSI trends upwards. Traders are looking at this pattern to see if it can stabilize and support a higher move.
Meanwhile, DOGE is in the lower part of the bowling band on the Sadness chart. The lower band is placed below the current price at $0.151. This level shows the area to reduce the historically marked areas.
Stochastic RSI is also in the bearish territory. The %k line is 5.10 and the %D line is below 20 pressure. The lines are moving upwards, which may indicate a crystal of the moon if it continues to move. This is one of the first signs of a possible price recovery.
Individual design points to 1.80 target
The table shared by Bitcoinsesus provides medicine in the long-term trend of DEGEN. Previous rallies have followed a similar structure – price matching the green seed trend that rises before the start of large holdings. Past periods have returned from 300% and 500%, and the third cycle is now forming.
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If the structure continues, it could touch around $1.80 based on previous radios. The red trend line was previously shorted close to this area. The current design corresponds to earlier stages in both time and structure.
Well activity and market context
According to chain data, whales have earned more than 7 billion dollars in the last two weeks. This stocking has taken place during the recent downturn, suggesting that large owners are facing weakness in the broader market.
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