DOGE Paws and Reflect: corrective or new impulse?
2025-01-06
Category: None

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DOGE’s recent price action has us wagging our tails in anticipation. However, the current pattern suggests that the bulls might need to sniff out some serious momentum to keep upward continuation on track. With the potential triangle pattern now behind us, here’s where DOGE stands:

### Key Levels to Watch
1. **0.35 - The Ideal Bone to Chew On:**  
   This level is the sweet spot for maintaining a bullish outlook. If DOGE can hold 0.35, it keeps the door open for a potential rebound and a chance to bark back at resistance.  

2. **0.30 - The Last Leash for Bulls:**  
   Should 0.35 slip through the paws, 0.30 becomes the final defense. A drop below this level could leave the bulls chasing their tails as bearish momentum takes hold.  

3. **0.41 - The Alpha Level:**  
   This is the key resistance zone. If DOGE can break above 0.41, it could mark the start of a new upward sprint. A rejection here or below the level, however, might have the bears howling with delight.

### Scenarios to Consider
- **Bullish Continuation:**  
   DOGE breaks free above 0.41, signaling that the bulls are back in the driver’s seat, possibly targeting new highs.  

- **Bearish Breakdown:**  
   A failure to hold 0.35 or a deeper slip below 0.30 would likely mean DOGE is heading into a doghouse of corrections, with bearish momentum wagging its tail all the way down.

### Final Thoughts
The DOGE pack is at a critical crossroads, and the next moves will define whether the bulls can retrieve control or if the bears are about to sink their teeth into the action. Stay sharp, keep your levels in focus, and don’t let this market collar you.

