$DOGE Triple Rejection at $0.1600 Signals Bearish Caution❗#Dogecoin attempted to reclaim momentum but got firmly rejected again at the $0.1600 resistance zone. This marks the third rejection from that level, reinforcing it as a critical ceiling. The price is now hovering around $0.1535, just above the daily low of $0.1527.
With this repeated rejection and continued sell pressure, $DOGE may drift lower toward the $0.1500 zone if buyers fail to defend the current support at $0.1520–$0.1530.
Avoid rushing long positions here wait for a decisive bounce or a reclaim above $0.1565 to confirm renewed strength. Until then, this setup leans bearish with risk of further downside if support cracks. Watch volume and candle structure closely for cues.
Trade here $DOGE