🐶 $DOGE /USDT – Market Analysis & Short-Term Forecast
DOGE is currently trading at 0.21993 USDT, showing mild bearish pressure with a -0.61% change over 24h. Price has tested a 24h low of 0.21435 and a high of 0.22693, indicating a tight consolidation range.
Technical Analysis:
DOGE is hovering near the support zone of 0.217–0.214, which may act as a short-term floor.
Immediate resistance lies around 0.227–0.231, with a higher target near 0.236 if bulls regain momentum.
Volume suggests moderate trading activity, indicating potential for a bounce from support but not yet a strong uptrend.
Forecast:
Bullish scenario: If DOGE breaks above 0.227–0.231, a move toward 0.236–0.238 is possible.
Bearish scenario: If support at 0.217–0.214 fails, DOGE could test 0.212–0.210.