Dogecoin (DOGE) is undergoing a correction around the $0.098 level after a recent steep rally. While it is down on a daily basis, double-digit gains over the past five and seven days remain, and its uptrend on the daily chart has not yet been broken.

Up Over 13% in Five Days… Down 7.32% From Recent High

According to market data provided on the 26th, Dogecoin was trading at around $0.09814, down 0.84% from the previous day's close.

In contrast to the short-term decline, its recent gains have been substantial. Dogecoin has risen 13.37% over the past five days, 12.17% over the past seven days, and 12.01% over the past 30 days. The recent seven-day high was $0.10589, meaning the current price is about 7.32% below that peak — a process interpreted as partially giving back gains after a sharp surge.

Moving Averages in Bullish Alignment… Uptrend Intact

Based on moving averages, the uptrend remains intact. The 7-day moving average stands at $0.09617, the 25-day at $0.08844, and the 99-day at $0.07859, with the current Dogecoin price above all three. Short-, medium-, and long-term moving averages are also aligned in an upward direction. Notably, the area near the 7-day moving average ($0.09617), closest to the current price, is cited as the first price level to watch for the short-term trend.

The MACD has maintained a golden cross that formed five days ago, and the SuperTrend is also pointing upward at $0.08398.

RSI at 64.99… Signal of Slowing Short-Term Momentum

However, some signs of slowing momentum are visible. The 6-day relative strength index (RSI) came in at 64.99. While this is below the conventional overbought threshold of 70, it has declined from the previous 67.95, indicating that the strong short-term buying intensity built up during the recent surge has eased somewhat. The MACD histogram also shrank slightly from 0.00121 to 0.00114. The uptrend itself is being maintained, but there is no sign yet of momentum strengthening further.

Volume at 0.08x of 7-Day Average… Large Orders Show Net Outflow of 22.71 Million DOGE

Trading volume is another variable. Intraday volume on the day was about 0.08 times the recent seven-day average, according to the provided data. While it should be noted that the daily candle is not yet complete, current trading participation is not strong enough to firmly confirm the price movement.

Large-order flows showed a net outflow of approximately 22.71 million DOGE, with a net inflow rate of -1.96%. Despite the recent price rise, large orders on the day showed no net capital inflow.

Key Price Levels: Upside at $0.10589, Downside at $0.09617

On the upside, the recent high of $0.10589 is presented as the key level to watch. If Dogecoin approaches this level again, whether trading volume and large-order flows improve simultaneously will be important.

On the downside, the 7-day moving average at $0.09617 sits closest. As it is not far from the current price, whether this level holds during the short-term correction is a key observation point. Further below, the 25-day moving average at $0.08844 and the SuperTrend at $0.08398 are located — levels to watch when checking whether changes emerge in the daily uptrend structure itself, beyond a simple short-term correction.

Ultimately, Dogecoin on the 26th appears to be digesting its gains after rising more than 13% over the past five days. So far, the moving averages, MACD, and SuperTrend maintain the uptrend structure, but the RSI and MACD histogram show slowing short-term momentum. In the short term, whether the $0.096 level holds and whether the $0.10589 high is retested are cited as the key price levels on both sides. In particular, if the recent high is tested again, it is necessary to check whether this is accompanied by increased trading volume and an easing of the net outflow in large orders.

[This article is informational content based on the provided market and chart data, and AI was used for some sentences and data compilation. It does not guarantee the rise or fall of any specific cryptocurrency or recommend buying or selling. Technical indicators and market prices may vary depending on the time point and exchange, and responsibility for losses from investment lies with the investor.]