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DOGEUSDT
Short Entry 0.0923 2026-04-06 01:56 UTC
Target 0.0650 Fail 0.1330
Risk/Reward 1 : 1
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DOGEUSDT
Pending
Cryptocurrency
Technical
1H
Analysis Predict Bear Market
The analysis focuses on DOGEUSDT, identifying a descending triangle pattern. The current price is testing the lower bound of this pattern. A break below the support level at approximately $0.0999 is expected to lead to a further decline towards the target of $0.065. This bearish outlook is reinforced by the failure to break above the 0.382 Fibonacci retracement level (0.133). If the price were to break above $0.133, it would invalidate the bearish thesis and suggest a potential retest of higher Fibonacci levels.
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