Dogecoin DOGE technical analysis

DOGE trades in a daily downtrend, below its SMA20 at 0.0750905, with daily RSI14 at 30 and 4h RSI14 at 43, so momentum is weak rather than washed out. The 4h SMA20 sits at 0.0705835, just above price.

The live battle is at 0.0702-0.0709 on the 4h, a resistance with 4 touches, reinforced by the falling trendline near 0.0702139 (3 touches). Above that, 0.071-0.07157 on the daily has 4 touches. Support below: 0.0692651-0.0694749 and the daily zone 0.0688601-0.0690699, each with 2 touches at the lower band.

Bulls need a 4h close above 0.0702-0.0709 to challenge 0.071-0.07157; holding 0.0692651-0.0694749 keeps the base intact. Bears need a break of 0.0688601-0.0690699 to target 0.06729-0.06766, while rejection at 0.0702-0.0709 preserves the trendline.