$DOGE /USDT – Strong Correction, but Support Holding
DOGE is currently trading around $0.19901, down 4.03% after failing to hold above the $0.21 resistance. The price has retraced near the $0.194–$0.195 support zone, which previously acted as a short-term demand area.
📉 Analysis & Insights:
Despite the drop, trading volume remains very high (1.63B DOGE), showing strong market participation. If the $0.194 support holds, DOGE may attempt a rebound. However, failure to reclaim $0.203 quickly could lead to another leg down toward $0.188.
🎯 Trade Setup (Short-Term):
Entry: $0.199 – $0.203
Stop Loss: Below $0.194
Target 1: $0.212
Target 2: $0.227
Watch how price behaves at the $0.194–$0.203 range — it’s the key battleground for bulls and bears.