Why
$DOGE Looks Ready for a New Low 📉
DOGE/USDT sitting around $0.09 might look “cheap.”
But zoom out to the monthly chart and the picture becomes very clear.
This isn’t consolidation.
It’s distribution.
Let’s break down the obvious signs.
Lower highs on the macro timeframe.
From the $0.74 peak to the recent lower spike, every major pump has been weaker than the previous one. That’s classic exhaustion.
Failing to hold key psychological levels.
$0.20 failed.
$0.15 failed.
Now price is struggling around $0.09.
Each support turns into resistance.
Moving averages are sloping down on higher timeframes.
- When MA(7) and MA(25) trend downward on monthly structure, momentum is not neutral — it’s bearish.
Meme narrative fatigue.
- DOGE thrives on hype cycles. Without a strong catalyst, liquidity rotates elsewhere. The market has evolved attention is fragmented.
- Long-term holders are underwater.
Every bounce becomes an exit opportunity. That creates constant overhead selling pressure.
Order book nearly balanced.
No clear bid dominance. No aggressive accumulation behavior.
Here’s the uncomfortable truth:
When a token fails to reclaim major breakdown zones for years, the probability of a fresh sweep of liquidity below prior lows increases.
DOGE hasn’t printed a true capitulation candle yet on macro.
That usually comes before a real bottom.
If $0.08 gives way cleanly, a move toward a new structural low wouldn’t be surprising.
This isn’t emotional.
It’s structural.
Hype built DOGE.
Structure is breaking it.
Sometimes the most “obvious” trade is the one nobody wants to accept.
And right now… the chart speaks louder than the memes.
#DOGE #GoldSilverRally #Memecoins🤑🤑 #crash #USIranStandoff