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CoinStats

Dogecoin Price Prediction: DOGE Breaks Four-Month Channel and the Only Level Left Is $0.067

7h ago•
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bearish:

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  • Ali Charts’ $0.0883 downside target hit on June 5 with the analyst now watching $0.067 if channel support fails to hold
  • Spot netflow shows $15.54M in outflows on June 5 as the ascending channel that held since February breaks to the downside
  • Options volume surged 181.31% to $281.12 while futures OI fell 6.04% confirming hedging activity rather than directional conviction

Dogecoin trades at $0.0827 on June 5, down 6.45% after breaking below the ascending channel that contained price since February, as Ali Charts’ $0.0883 target is reached and attention turns to whether $0.067 becomes the next destination.

DOGE Daily Chart: Ascending Channel Breaks With RSI at 20 and Three FVG Zones Overhead

DOGE/USD Daily SMC Structure and Fibonacci (Source: TradingView)

The ascending channel that ran from the February low near $0.070 through the May high near $0.120 has broke…

Read The Full Article Dogecoin Price Prediction: DOGE Breaks Four-Month Channel and the Only Level Left Is $0.067 On Coin Edition.

7h ago•
bullish:

0

bearish:

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