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From stability to dramatic decline

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The last basic procedure shows signs of recovery

In the last 100 minutes of trading, DOGE showed a noticeable recovery pattern, climbing from a local bottom of $ 0.156 to stabilize about $ 0.158.

The price procedure shows a clear V-shaped recovery with a significant rise in size (16-21 million) during the bottom process about 14: 50-14: 52, indicating the interest of the strong buyer at support levels.

The area of 0.158-0.159 has appeared as an immediate possible resistance, with multiple tests showing low sale pressure. This recovery is in line with the level of Fibonacci’s re -imitation by 38.2 % of the last decline, indicating a possible continuity towards the decline by 50 % at $ 0.160 if the current momentum continues.

Dogoin technical indicators

The price range: Dog was trading between $ 0.179 – $ 0.156, which represents 12.7 % oscillating.
Volatility: annual fluctuations for 48 hours reached 86.3 %, much higher than market standards.
Support/Resistance: The collapse of the support level of 0.165 dollars with a new critical support zone at 0.158 – 0.160 dollars.
Fibonacci levels: potential stability at the decline level of 61.8 % ($ 0.162).
Size analysis: large sales pressure, followed by large mutations (16-21 million) during recovery.
Recovery pattern: V -shaped recovery from $ 0.156 to $ 0.158 with a decrease in resistance pressure.
Return levels: The current price procedure is in line with a 38.2 % Fibonacci alternative with a potential move towards 50 % at $ 0.160.

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