@dogecoin narxiDOGE

Dogecoin extends its losses on Friday, gravitating toward the yearly low at $0.069. The derivative metrics support a bearish bias, with short bets rising and funding rates turning negative. Deteriorating technical outlook suggests a deeper correction if DOGE slips below $0.069. Dogecoin ($DOGE ) extends its decline on Friday, trading near its yearly low at $0.069 as bearish sentiment continues to weigh on the meme coin. Weakening derivatives metrics and a deteriorating technical outlook suggest a deeper correction if DOGE slips below $0.069. Weakening derivatives metrics Coinglass's long-to-short ratio for DOGE read 0.75 on Friday, nearing its lowest level in over a month. The ratio being below one, indicates bearish sentiment, as traders are betting the asset's price will fall. In addition, DOGE funding rates flipped negative, reading -0.0004% on Friday, further supporting the bearish sentiment. SoSoValue data show that DOGE’s spot Exchange-Traded Funds (ETFs) have remained largely silent over the past two weeks, indicating a lack of meaningful institutional demand for the token. This muted demand fails to provide a cushion against a decline in DOGE prices. Dogecoin Price Forecast: How low can DOGE go? Dogecoin trades at $0.071 on Friday, keeping a clear bearish near‑term bias as price holds well below the 50‑day, 100‑day and 200‑day Exponential Moving Averages (EMAs) at $0.081, $0.088 and $0.104, respectively. The cluster of overhead EMAs suggests rallies are likely to be capped. At the same time, the Relative Strength Index (RSI) near 35 remains weak but shy of oversold territory, and the Moving Average Convergence Divergence (MACD) indicator stays marginally positive around the zero line, hinting at only modest downside momentum rather than an impulsive sell‑off. On the topside, initial resistance is seen at the horizontal barrier at $0.079, followed by the 50‑day EMA at $0.081. Above that, a dense supply zone emerges around $0.088, defined by horizontal resistance at $0.088, the downtrend resistance line break price at $0.089. On the downside, the yearly low at $0.069 provides immediate support; a close below it suggests deeper losses toward the key psychological level of $0.065.

Listen carefully, fam.... I'm saying it again don't underestimate $DOGE #Dogecoin is sitting at a major long-term support zone where buyers have stepped in before. As long as this level holds, I believe a strong recovery is still possible. The first major target is around $0.30, and if momentum returns, an even bigger rally could follow. Stay patient, manage your risk, and don't ignore this setup. I'll keep sharing updates as the next move unfolds. Do you think #Dogecoin has found its bottom, or will we see one more dip before the next big rally?

DOGE 1H Rejection at Supply Zone - Short Trigger Setup On the 1H, DOGE rejected resistance near 0.07210 in line with the overall bearish trend. This creates a tactical short opportunity but only after proper confirmation on retest. 📌 Setup note - Bearish trend dominant - Resistance rejection at approximately 0.07210 - Downside levels open at 0.07092 and 0.06952 ⚡ Trigger I want - Retest of the 0.07210-0.07263 supply area - Clear rejection with bearish engulfing or lower timeframe reversal - No immediate bullish reclaim 🎯 Trade plan - Bias: Short - Trigger: Retest plus rejection of 0.07210-0.07263 with supporting pattern - Target: 0.07092 primary, extension to 0.06952 - Invalidation: Break and hold above 0.07263 opening path to 0.07336 then 0.07397 - Confidence: My current Short confidence: 60 percent. 💧 Execution angle A short bias on DOGE after resistance rejection can lead to accelerated moves once the trigger confirms. The chart provides the directional edge here, while STONfi DEX offers cleaner routing and smoother execution for traders active in volatile conditions. STONfi focuses on practical liquidity access and reduced friction during fast market rotations. It serves as a solid infrastructure layer when chart setups like this start playing out. Would you wait for the retest rejection before shorting DOGE or jump in early? 👇 Drop the confirmation pattern you are looking for on this DOGE chart. Not investment advice - research on your own! 🚀 $DOGE

US industrial output just landed and it's another soft print. Not the number bulls wanted going into the back half of the year. Industrial Production for June came in at +0.1% m/m, missing the +0.2% estimate and matching May's unchanged pace. Two straight months of underwhelming factory-floor activity while the market keeps pricing in a soft landing. Here's my read: weak industrial data usually keeps rate-cut hopes alive, which is why risk assets including crypto tend to shrug this off or even catch a bid on soft macro prints. But if this becomes a trend rather than a one-off, it starts feeding a slowdown narrative that isn't automatically bullish for anything. Worth watching how $BTC and $ETH react into the close — a muted reaction here tells you the market's already looking past soft data toward Fed policy instead. On the alt side, keep an eye on $SOL, $BNB, $XRP, $DOGE, and $ADA for how risk appetite is holding up broader than just majors. One thing I flagged early: capacity utilization has been drifting below its long-run average for months now, and that's the kind of quiet detail that doesn't always make headlines but tells you the slack building in the real economy. Do you think soft macro data keeps fueling the "bad news is good news" trade, or is the market getting closer to the point where weak data actually spooks risk assets? Follow for the next read once more data drops this week. hope this saved you some scrolling. #Bitcoin #Macro #FederalReserve #CryptoNews #Ethereum