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$DOGE Signal】No Position | Weak Consolidation in a Downtrend
$DOGE Continues to consolidate weakly below EMA20, with price action indicating a bearish continuation.
🎯 Direction: No Position
Market Analysis: After breaking below EMA20 (0.0937), the price remains under pressure, with four-hour candles closing bearish consecutively. The latest 4H candlestick shows only 44% buying volume, indicating strong active selling pressure. Depth imbalance is at -3.77%, with ask walls significantly thicker than bid walls, suggesting heavy selling pressure above.
Logical Core: Key data points to a bearis