DOGE 1H – Descending Into Demand, But Will Buyers Step Up Again?

DOGE is approaching a key inflection point after a clean rejection from the previous supply zone (~0.23) and consistent lower highs. The descending trendline has acted as dynamic resistance, compressing price into a major demand zone that previously triggered a strong rally. If bulls step in here, we could see a breakout and retest of the overhead supply. However, failure to hold this zone opens up potential for a deeper move toward the mid-$0.18s.

📌 Key Levels:
– Resistance: 0.23 (supply zone)
– Support: 0.19 (demand zone)
– Structure: Lower highs into horizontal demand = potential spring or breakdown.

This is a classic make-or-break structure — momentum and volume will reveal the winner.