DOGEUSDT 30JUNDogecoin / TetherUSBINANCE:DOGEUSDTsoheilbakhshipor12Dogecoin (DOGE) – Market Structure Analysis Dogecoin has been in a prolonged distribution and capitulation phase for quite some time. At this stage, even short-term narrative-driven support — including influence from figures like Elon Musk — appears to have significantly weakened or faded. From a technical perspective, the price structure suggests continued downside pressure. The first potential corrective target lies around $0.066, where a temporary reaction or consolidation could occur. However, given the lack of strong technical support levels beneath current price action, the broader structure still points toward a deeper decline. In a more extended bearish scenario, price could move toward the $0.03 region, which aligns with a higher-timeframe weekly demand zone last seen around the 2021 cycle. That zone would likely become a key decision area for the market, where we reassess whether Dogecoin has the structural strength to participate in a potential next cycle or if long-term downside continuation remains dominant.