$DOGE ‌DOGE Paused After the Drop, Accumulation or Another Trap?

Dogecoin is trading around $0.106 after a sharp sell-off and a slow sideways movement. The panic selling is over. Now comes the tricky part, the waiting. This is where many traders get confused. Let’s focus on the chart instead of emotions.

Current Market Structure (1H)
DOGE is still in a short-term bearish pattern. The price is moving below key moving averages, indicating that sellers still have control. The bounce from the $0.094 area was decent, but the momentum is fading. Right now, this looks more like consolidation after a drop instead of a breakout.

Key Levels That Matter
Resistance Zones
$0.108–$0.110 → Immediate rejection zone
$0.115+ → Strong supply or breakdown area

Support Zones
$0.102–$0.104 → Short-term support
$0.094–$0.096 → Major demand from the recent panic low

These are reaction levels, not predictions.

Bullish Scenario (Only If Confirmed)
DOGE needs to:
- Hold above $0.104
- Build higher lows on the 1H chart
- Break and hold above $0.110

If this happens, a relief move toward $0.115–$0.118 is possible. But even then, this would be a bounce, not a reversal of the trend.

Bearish Scenario (Still a Real Risk)
If DOGE:
- Loses $0.104
- Fails to break $0.108–$0.110

Then the price can drop back to $0.096 or even $0.094 again. Sideways movements after drops often lead to breakdowns rather than breaks upward.

Final Thoughts
DOGE is not weak because it’s quiet; it’s dangerous because it’s undecided. This is a decision zone, not a spot for blind longs or panic shorts. Do you think DOGE is building a base here, or is it just resting before the next move?#WhiteHouseCryptoSummit