🚨 Technical Analysis of $DOGE | Daily Frame

🔸 The price is moving within a clear downward trend, continuing to form lower highs and lower lows, reflecting the sellers' control over the overall movement.

🔸 The area 0.095 – 0.090$ represents an important current support, and the price is testing it after a strong decline; we could see a temporary technical rebound as long as it is not broken with a clear daily close.

🔸 If this area is lost, the decline may extend towards deeper demand areas near 0.085 – 0.080$ then 0.072$ where previous buying liquidity is concentrated.

🔸 On the upside, the area 0.125 – 0.130$ remains the first major resistance, followed by a stronger supply zone between 0.150 – 0.160$, and any rise towards these levels is considered a correction within the downward trend unless it is breached and sustained above.

🔸 The RSI indicator is moving near oversold areas, indicating the possibility of a short-term technical rebound but with no change in the overall trend so far.

❗️This is a technical analysis and not an investment advice.