Dogecoin’s Descent: $0.1540’s Cold Embrace 🐕💔

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Dogecoin, that steadfast marmoset of the crypto jungle, attempted a recovery wave above the $0.1420 threshold, only to find itself tangled in the thorny vines of resistance. The $0.1540 barrier, that sly fox in the financial woods, now looms with a smirk, its cunning gaze unyielding.

  • Dogecoin’s price, like a weary traveler, trudged above $0.140 and $0.1420, yet the horizon of $0.1530 remained a distant mirage.
  • Trading above $0.1450 and the 100-hourly moving average, it seemed to clutch at straws, as if hoping for a miracle from the void.
  • A bearish trend line, that gloomy specter, now coils around $0.1530 on the hourly chart, its presence as inevitable as a Russian winter.
  • If it dares to linger below $0.1530, the price may spiral into the abyss, a tragic tale of lost gains and shattered hopes.

Dogecoin’s Sighs

Dogecoin’s recovery wave, born from the $0.1330 pit, mirrored the fickle whims of Bitcoin and Ethereum. It climbed, triumphant, above $0.1320 and $0.140, yet the bears, those shadowy figures, gathered near $0.1530, their whispers echoing like a funeral dirge.

A decent upward move above the 50% Fib retracement level, yet the bears, ever-persistent, lurked near $0.1530. The trend line, that stubborn wall, now stands at $0.1530, a fortress of resistance.

Dogecoin, now trading above $0.150 and the 100-hourly SMA, gazes upward, its heart set on $0.1530. Yet the path is fraught with peril, for the bulls face a gauntlet of resistance and Fib levels, each more daunting than the last.

The $0.1590 level, that distant peak, beckons like a siren’s song. A close above it might ignite a firestorm, sending prices soaring toward $0.1650, then $0.1720, and finally $0.180-though such dreams are as fleeting as a Moscow spring.

Another Fall?

If Dogecoin falters at $0.1540, it may descend once more, a leaf caught in the wind. The $0.1460 level, that first refuge, offers little solace. Below it, the $0.1420 threshold awaits, a balm for the wounded.

The $0.1330 support, that last bastion, stands tall. Should it crumble, the price may plunge to $0.120 or even $0.1120-a descent as bleak as a Siberian night.

Technical Indicators

Hourly MACD-now a weary sentinel, its bullish fervor waning like a dying ember.

Hourly RSI-still above 50, that fickle companion, dancing on the edge of hope and despair.

Major Support Levels-$0.1460 and $0.1420, those fragile lifelines.

Major Resistance Levels-$0.1540 and $0.1590, the unyielding walls of fate.

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2025-11-25 08:31