DOGE/USDT is a critical decision zone

🧠 Technical Overview:
✅ 1. Price Action:
The price is forming a descending triangle pattern, which typically signals bearish continuation if broken to the downside.

It’s currently testing a key horizontal support zone around $0.164 – $0.18 USDT (marked in pink), a historical accumulation area.

Lower highs suggest sellers are still in control.

☁️ 2. Ichimoku Cloud:
Price is below the cloud, and both Tenkan and Kijun lines are pointing down → clear bearish trend.

No sign of bullish reversal from Ichimoku yet.

📉 3. RSI (14):
RSI is at 32.98, nearing the oversold region.

The RSI and its moving average are running close together, no strong divergence yet.

🔄 4. WTO (Wave Trend Oscillator):
WTO is deep in the oversold zone (around -50), and the blue and orange lines are slightly curling up → possible short-term bounce signal.

🔄 5. MACD:
The MACD histogram is shrinking on the negative side, showing bearish momentum is weakening.

However, MACD has not crossed above the signal line yet → wait for confirmation.

🧪 6. Cluster Algo:
No strong bullish signals yet from the cluster indicators.

Lines are compressing, which may indicate a potential breakout soon.

🔍 Key Levels:
Immediate Resistance: $0.20 – $0.21 USDT (Fib 0.236), further targets at $0.28 and $0.455 (Fib 0.786).

Critical Support: $0.164 USDT. If this breaks, price could head to $0.11 – $0.12 (previous lows).

🎯 Summary:
This is a critical decision zone – price is at the bottom of a descending triangle and testing strong support.

RSI + WTO are near oversold → a bounce is possible, but MACD confirmation is needed.

If support at $0.164 fails, price might drop sharply.

If it holds and volume picks up, a move toward $0.20 – $0.21 is likely.