$DOGE is finally showing signs of life after a brutal downtrend.
After weeks of continuous selling pressure, Dogecoin has printed a Bullish Harami pattern on the Daily timeframe โ a classic early reversal signal that often appears near market bottoms.
Letโs break this down technically + fundamentally ๐
๐ Market Context
DOGE has dropped nearly 60% from recent highs, forming lower highs and lower lows. Bears were fully in control until price reached the strong demand zone near 0.079 โ 0.080.
From this support, buyers stepped in aggressively, creating a long lower wick followed by a small green candle inside the previous red candle โ forming a Bullish Harami.
This tells us one thing clearly:
๐ Selling momentum is weakening.
๐ Buyers are attempting to take control.
๐ฏ Technical Structure
โ Bullish Harami formed on Daily
โ Strong rejection wick from support (0.07991)
โ RSI around 36 โ Oversold recovery zone
โ MACD bearish momentum slowing
โ Volume expanding on the bounce
Price is currently trying to reclaim 0.098 โ 0.101 zone, which is short-term resistance + MA7 area.
๐ฏ Confirmation Strategy (For Traders)
Aggressive Entry:
๐ Break & close above 0.101 โ 0.103
Conservative Entry:
๐ Daily close above MA7 + follow-through candle
Stop Loss:
โ Below 0.079
Targets:
๐ฏ 0.110
๐ฏ 0.125
๐ฏ 0.145
If momentum builds, we could even see a move toward MA25 zone.
๐ Fundamental View
Despite recent market weakness, meme coins like DOGE remain extremely sensitive to:
โข Overall Bitcoin direction
โข Market sentiment
โข Social hype
โข Elon-related narratives
Any BTC recovery or meme-coin rotation can instantly fuel DOGE.
However โ without BTC confirmation, every bounce remains a technical relief rally.
โ ๏ธ Important Reality Check
Bullish Harami alone does NOT guarantee trend reversal.
It only signals:
๐ Possible bottom
๐ Weakening bears
๐ Buyers testing control
Real trend change comes only after:
โ Higher High
โ Higher Low
โ Strong volume continuation
โThe Big Question Traders Must Ask:
Is this the beginning of a new DOGE uptrendโฆ
or just another bounce before continuation dump?
Will Bullish Harami turn into a full trend reversal โ
or are we about to see one more leg down?
Market is standing at a decision zone.
๐ก Smart traders wait for confirmation.
๐ก Emotional traders FOMO early.
Trade what you see โ not what you hope.
๐ฅ Follow by Abdulsamad
