$DOGE ON EDGE – BREAKOUT OR FURTHER SLIDE?
$DOGE is currently trading at $0.16954, stabilizing after a sharp drop from the $0.17600 region. Price is compressing in a tight range just above key support, hinting at an imminent breakout or another leg lower. With a 24H volume of over 908M DOGE, volatility remains high and traders should stay alert.
Key Levels to Watch:
• Resistance Zone: $0.17200 – $0.17400
A confirmed breakout above this could spark a push toward $0.17600 and potentially revisit the 24H high of $0.18063.
• Support Zone: $0.16800 – $0.16675
A breakdown here may open downside risk toward $0.16250 or even $0.15800 if selling accelerates.
Trade Setup – Tight Range, Big Opportunity
Bullish Entry:
• Entry: Above $0.17200
• TP1: $0.17600
• TP2: $0.18063
• Stop-Loss: Below $0.16800
Bearish Entry:
• Entry: Below $0.16675
• TP1: $0.16250
• TP2: $0.15800
• Stop-Loss: Above $0.17200
watch for renewed downside pressure below $0.168.