Usman Salis
⬤ DOGE is now trading right at a key 4-hour resistance zone—a natural spot for early buyers to take profits after entering near the November 5 bottom. The technical view suggests that any pullback toward the range low could offer another buying opportunity, depending on how the price structure holds up.
⬤ The chart shows DOGE pressing into the highlighted resistance area after a solid bounce from the lower boundary around $0.17–$0.18. If Bitcoin can push back above $106–107k and keep climbing, DOGE might try to break out toward the upper end of its range—roughly $0.21–$0.22. But there's a clear downside risk too: losing the range lows could open the door to retesting monthly lows.
⬤ For traders, the setup is straightforward—DOGE's next move depends heavily on what Bitcoin does. Holding the current range keeps the bullish structure intact and leaves room for a run at the upper boundary. But if support fails, sentiment will shift fast, and deeper lows become much more likely.
Usman Salis
