Dogecoin affiche une nouvelle divergence haussière du RSI alors que le prix teste un support clé après une baisse hebdomadaire de 13,8 %

Dogecoin entered a new bullish RSI divergence on the daily chart as prices kept falling in a historical pattern in the market.

DOGE is trading at significant levels around the support of $0.1399 and the short term resistance of $0.1589 which gives significant technical levels of market direction.

The existing divergence is the result of a 13.8 percent decline in a week, which means decreased downside momentum as the traders await a possible structural change.

Dogecoin experienced significant technical growth on the daily chart with Relative Strength Index (RSI) giving a bullish divergence with the price decreasing. The trend has been present at the past junctions in the market and traders are currently studying the latest response keenly. Reportedly, Dogecoin was trading at $0.1411, and this is a 13.8% decrease compared to the last seven days, as the price was tested at crucial support levels

The recent downward movement culminating in a set range of movements in the short term has subsequently brought new technical attention to the cryptocurrency following a series of repetitive moves across the history of markets. This trend has resulted following a bounty of losses which put the market into over-sold conditions, and has supported the significance of the RSI action on the daily chart.

Previous RSI bullish divergences on the Dogecoin daily chart aligned with the end of prior downturns. Each instance formed when price made lower lows while RSI formed higher lows. These cases appeared in earlier cycles and preceded market recoveries. Notably, the current setup mirrors these conditions, as the latest lower price low formed while the RSI created a higher low, suggesting that downside pressure may be weakening

Key Levels Within the Current Structure

Dogecoin traded near its support level at $0.1399, which has been tested within the ongoing downtrend. Price also faced short-term overhead resistance at $0.1589, marking the level that traders now watch for movement confirmation. Notably, the recent price decline saw Dogecoin fall while Bitcoin value terms shifted

The DOGE pair stood at 0.051682 BTC, marking a move of 1.7%, and this relationship further illustrated the divergence between spot pricing and momentum readings. The RSI indicator continues oscillating in its lower region, yet price has not broken through the major support zone, which maintains structural interest for technical market participants.

Market Structure and Near-Term Direction

This latest move arrives after a sustained multi-week decline, and the formation of RSI divergence indicates the market may approach a transition phase if price reacts positively at support

Traders now follow whether the candlestick structure shifts upward from the current compression. However, Dogecoin must break short-term resistance boundaries before any new momentum signals become technically validated

The latest pattern aligns with historical reactions to similar conditions, which is why the market now observes price behavior closely. If buyers emerge from current price levels, the chart may begin moving toward the higher boundary of the existing range. Until then, the recent divergence highlights a potential early indication of declining downside strength while maintaining a fully technical basis within the market structure.