$DOGE /USDT – Bearish Pressure Building Amid Market Cool-Off
DOGE is trading at $0.22608 (-3.95%), showing signs of weakening momentum as price retraces from the 24h high of $0.25341 to a 24h low of $0.22011. Volume remains substantial with 3.31B DOGE and $791.35M USDT traded in the past 24 hours, signaling active participation. Key support rests at $0.21310, while resistance builds near $0.23781 and $0.25016. If DOGE fails to hold above $0.220, the next drop could test $0.20356, last seen on May 11 at 06:00. Momentum across 15m to 1D timeframes leans bearish, suggesting caution. Watch for reversal signs or a break below $0.21310 for potential short setups.