DogecoinDogeCoin/USDCAPITALCOM:DOGEUSDElroubyDogecoin is sitting on a long‑term demand zone that has repeatedly held price. Despite the broader downtrend, buyers continue to defend this area, creating a stable base while the market forms a descending triangle of lower highs. --- Key Signals • Demand remains strong: Every revisit to the support zone shows absorption and long lower wicks. • Seller momentum is weakening: The slope of the lower‑highs trendline is flattening, showing reduced bearish pressure. • Compression is tightening: Price is coiling between a fixed support and a descending resistance, a setup that often precedes a major breakout. --- Bullish Outlook A weekly close above the descending trendline would confirm a structural shift. This would signal the end of the macro downtrend and open the door for a multi‑month bullish expansion.