Marina Lyubimova
⬤ Dogecoin returned toward $0.15 after a sharp bounce in the latest session. The chart shows DOGE holding above short term support and trading above both the 50-period plus 200-period moving averages on the 30-minute chart, which indicates that buyers are attempting to retake control.
⬤ The climb began after DOGE slipped to $0.144; buyers entered at that point and volume surged. The rebound lifted price back above the rising trendline. The 50-period moving average rests near $0.1475 but also the 200-period moving average sits near $0.1437, both acting as safety levels. Yet the outlook stays clouded - bearish liquidity zones wait just beneath the market and may turn into targets if upward thrust weakens.
⬤ Wider crypto leverage adds further doubt - this debt pile leaves DOGE open to abrupt volatility bursts. At present DOGE remains above its main moving averages - yet trader confidence stays brittle while the relief rally faces overhead resistance.
⬤ The current layout sets DOGE at a technical junction - the clash between rising support as well as nearby resistance will decide the next move. If price stays above the moving averages, bullish mood may strengthen - if price drops back toward leverage heavy zones, mood may sour just as fast. With DOGE near $0.15 and volatility elevated, the market watches to see whether buyers keep their hold.
Marina Lyubimova
