DOGE stalls near $0.15 as bears pressure — watch $0.145 test
Dogecoin (DOGE) traded around $0.1504 on Nov. 26 after a 1.68% 24-hour gain, but momentum is limited as price remains between short-term support at $0.1486 and resistance at $0.1535. On the daily chart DOGE recently bounced off resistance near $0.1539; a failure to close above that level could prompt a test of the $0.1450 area. Mid-term indicators show no clear reversal signals, leaving a continued decline the more likely path through month-end. Key data: current price ~$0.1504, hourly channel support $0.1486, resistance $0.1535, daily resistance $0.1539 and potential target/support $0.1450. Traders should expect muted volatility near the range unless either bulls push a decisive daily close above $0.1539 or bears force a break below $0.1486/$0.1450.
Bearish
Price action shows DOGE confined to a narrow hourly channel with recent rejection at $0.1539 and no mid-term reversal signals. The immediate structure favors downside: key short-term supports sit at $0.1486 and $0.1450 — a break would likely accelerate selling. Historically, when meme coins fail to reclaim nearby resistance and lack bullish confirmations, they tend to drift lower as traders reduce risk ahead of period-end. Near-term traders should prepare for lower highs and potential tests of $0.1450; a decisive daily close above $0.1539 would be required to shift the bias back to neutral/bullish. Market-wide factors (BTC/altcoin trend, volume) will modulate volatility, but absent a catalyst the path of least resistance is down.