Update on DOGE chart after Apr 7th heavy bleeding

🔮 Short-Term Forecast (1–7 Days)

🧱 Base Case Scenario (Most Likely — 60% probability)
If DOGE holds above $0.14, builds support and gradually climbs toward $0.155–$0.16.
Could form a mini bull flag or W-bottom on the 4H/daily.
RSI levels will normalize in the 50–60 zone. This sets up a second leg of recovery — possibly to $0.165–$0.172. ((This is most likely if BTC stays above $72K+ and consolidates.))

🐻 Bearish Continuation (20% probability)
If DOGE rejects from $0.15–$0.155, forms lower high, and BTC breaks back down to test 67K or $65K. In that case, DOGE can retest $0.13 or even wick into the $0.12s. Possible liquidation traps below $0.13.

Monitor BTC dominance: if it spikes, alts like DOGE suffer more.

🚀 Bullish Breakout (20% probability)
If BTC reclaims $80K and surges toward ATH ($85K+), DOGE could: Break above $0.165 and push quickly to $0.18–$0.19. Reignite interest and flip the trend.

📈 Levels to watch
Price Action Reason
$0.14–0.145 Watch support If it holds = accumulation zone

$0.172–0.18 Strong resistance Reclaim = full trend reversal confirmed

🧘‍♂️ Psychological Edge
The Fear Index was at 17: Usually marks bottoms, not tops.
RSI recovery = healthy reversal start.
High volume + strong candle = whales likely already bought.