Overview
- DOGE continues to defend the $0.13 zone after repeated tests, keeping a potential double-bottom setup on the table pending confirmation above the Point of Control.
- The token fell more than 4% on Monday and remains constrained by a descending trendline, with short‑term indicators still skewed bearish.
- About $15 million exited DOGE on Dec. 15 while open interest declined, suggesting traders are closing positions rather than adding bullish exposure.
- A confirmed daily close below $0.13 would likely open the path toward the next demand region around $0.08, according to the latest technical reads.
- Weekly Stochastic and RSI are near rarely seen oversold levels that have preceded past basing phases, but a shift in trend would require a reclaim and close toward $0.17–$0.18.