- DOGE remains below key Ichimoku levels after a 36.52% weekly decline on the four-hour chart.
- Price trades at $0.09584, holding within a defined $0.09054–$0.1012 intraday range.
- The Ichimoku cloud continues to cap price action while short-term consolidation develops.
Dogecoin’s recent price behavior has drawn attention following a sharp decline visible on the four-hour chart. The move unfolded after price interacted with Ichimoku components, as shown in the attached H4 analysis.
DOGE was trading at $0.095844 at the point of reporting, which is a 5.9% gain in the last 24 hours. That however came after a wider fall of more than 36 percent in only a little more than one week. This sequence places focus on how technical levels and indicators shaped recent price action.
Ichimoku Structure Defines the Short-Term Trend
In the four-hour timeframe, the Ichimoku Cloud structure provides the primary technical reference. Price moved below the Kijun-sen line, which appeared near $0.12461 on the chart. Notably, price did not retest that level after the move began.
The chart also shows prices remaining below the cloud, reinforcing downside structure during the decline. As candles continued lower, the Tenkan-sen near $0.12255 failed to attract price interaction. This lack of retracement kept the trend intact, leading directly into the steep downward extension.
Measured Decline Shapes the Weekly Price Path
Following the initial trigger, DOGE recorded a drop of approximately 36.52% over the following days. The graph shows a succession of highs and declines of the same order during the time. However, price eventually slowed near the lower boundary of the displayed range. At present, DOGE trades above $0.09054, which marks the lower bound of the current structure. This stabilization connects the earlier decline to the present trading zone, keeping recent levels relevant.
Current Price Levels Frame DOGE’s Intraday Trading Range
In more recent times, the price activity was within a narrower range. DOGE is currently trading at $0.09584, which is an increment of 5.9 percent in the past 24 hours. The existing intraday dispersion is between $0.09054 and 0.1012. This area symbolizes stabilization following the long-term reduction, as opposed to the turnaround. DOGE was also trading at 0.051401 BTC, which made a 0.4 percent gain against Bitcoin in the same period.
In the current situation, a bullish forecast is that the price will be heading towards the high end of the range of about $0.1012 in case buying pressure continues. On the contrary, a bearish picture will continue the price oscillating towards the zero point of $0.09054 when the momentum dies. Both results are within the well determined short term scale as indicated on the graph.
