Dogecoin is trading near $0.19147, down 1.31% in the last 24 hours. The 24h high reached $0.2056 while the 24h low touched $0.1896, forming a defined intraday range. Trading volume is active at 1.46B DOGE (~$289M), reflecting market participation.
Key Observations:
Current price testing support near $0.1915.
Short-term range: $0.1896 – $0.2056.
Market sentiment: 38% long vs 62% short, indicating stronger selling pressure.
$DOGE is in a consolidation-to-bearish phase, awaiting directional confirmation.
Trade Setup (Short-Term Consideration):
Entry: $0.191 – $0.192
Target 1: $0.188
Target 2: $0.185
Target 3: $0.182
Stop Loss: $0.195
$DOGE remains under pressure; a breakout above $0.206 could reverse the trend, while a drop below $0.189 may continue the short-term downtrend.
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