**DOGEUSDT 4H — Rising Trendline Breakdown Setup Dogecoin / TetherUSBINANCE:DOGEUSDTFrankAgboDOGE is showing clear weakness after rejecting from the local highs around **0.1160–0.1180**. Price is now breaking below the ascending trendline that supported the entire move from mid-April. The structure is starting to shift bearish on the 4H timeframe. ### What I’m Seeing * Multiple rejections near the **0.1160 resistance zone** * Momentum slowing after failing to create a new higher high * Clean break below the rising support trendline * Sellers stepping in aggressively after the breakdown * Potential liquidity sweep before continuation lower ### Bearish Scenario If DOGE confirms below the broken trendline, I expect: 1. A possible short-lived retest of the trendline/resistance area 2. Rejection from the **0.1060–0.1090** zone 3. Continuation toward the major support around **0.0935** That horizontal support is a key level where buyers previously defended price aggressively. ### Trade Idea **Entry Zone:** 0.1060 – 0.1090 **Target:** 0.0935 **Invalidation:** Strong reclaim above 0.1190 ### Risk/Reward This setup offers a strong risk-to-reward profile with downside momentum increasing after the trendline loss. ### Key Levels 🔴 Resistance: 0.1090 / 0.1160 / 0.1190 🟢 Support: 0.1000 / 0.0935 ### Market Context Memecoins remain highly sensitive to overall crypto sentiment and BTC movement. If Bitcoin weakens further, DOGE could accelerate toward lower support zones quickly. **Patience is key here — wait for confirmation and avoid chasing candles.** #DOGE #DOGEUSDT #Dogecoin #Crypto #TradingView #TechnicalAnalysis #Altcoins #Binance #PriceAction #CryptoTrading