On December 5, 2025, Dogecoin presents a situation where short-term rebound signals coexist with consolidation risks. The descending wedge pattern brings reversal expectations. Mr. Wan’s specific technical analysis is as follows:

1. Price and Range: On the day, DOGE was priced at approximately 0.14697 USDT, while the USD/DOGE exchange rate indicated that 1 USD could be exchanged for 6.75549 DOGE. The short-term support lies around the mid-0.13 USD level; if this is broken, a further decline may occur. On the upside, attention should be paid to the upper boundary of the descending wedge. A breakout here could open up room for a rebound, with the next key resistance level at 0.22 USDT.

2. Pattern and Core Indicators: Currently, a descending wedge structure is forming within the downtrend, with two downward-sloping trendlines gradually converging. This pattern usually implies that selling pressure is weakening and buyers are starting to gain strength. Previously, the MACD indicator showed signs of weakening downward momentum, but there is still no clear bullish reversal signal at present, so confirmation of the trend requires a breakout with strong momentum.

3. Trend and Volume: In the past 48 hours, DOGE has rebounded slightly from a low of 0.135 USD, with several consecutive 12-hour green candlesticks, indicating the initial stage of a short-term rebound. Whether the rebound can continue depends on trading volume. Only a breakout above the wedge’s upper boundary with increased volume can confirm that buyers are in control; otherwise, insufficient breakout strength may cause the price to fall back to retest the support line.

4. Short-Term Outlook: If the current rebound pace is maintained and key resistance is broken, there is potential for further price increases. If the breakout fails, the price is likely to return to range-bound movement. Additionally, long-term forecasts indicate that if the price does not exceed 0.19963 USDT on December 6, it will be difficult to establish a further uptrend, and short-term downside risks should be watched. #成长值抽奖赢iPhone17和周边 $DOGE ‌