$DOGE STRUGGLING AT RESISTANCE – CAN IT PUSH THROUGH?
$DOGE/USDT is trading at $0.17365, holding steady after a slow climb. Price tapped a high of $0.17386, but momentum is now stalling near a key resistance zone. Despite a +1.15% gain on the day, buyer pressure has slipped to 41.30%, showing early signs of fatigue.
Chart Snapshot:
• Volume (Current Candle): 720.34K
• Range: $0.17362 (Low) – $0.17386 (High)
Support Zones:
• $0.17240 – Primary support (must hold for continuation)
• $0.17000 – Secondary support (bullish invalidation)
Resistance Zones:
• $0.17380 – Immediate resistance
• $0.17510 – Breakout level (24H high)
• $0.17800 – Target zone if breakout sustains
Trade Setup – Cautious Bullish Outlook
• Entry Zone: $0.17320 – $0.17365
• TP1: $0.17510
• TP2: $0.17800
• Stop-Loss: Below $0.17240
If $DOGE holds above $0.17320 and breaks above $0.17380 with volume, we may see a bullish push toward $0.17800. However, a drop below $0.17240 could signal short-term weakness—watch closely for volume confirmation.