$DOGE /USDT – Bearish Momentum Near Critical Support!
$DOGE is struggling, currently trading at $0.21677 (-6.79%), flirting with the 24h low at $0.21604. The price is near a crucial support zone—breaking below could trigger further downside pressure.
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Trading Data:
Current Price: $0.21677
24h Change: -6.79%
24h High: $0.23676
24h Low: $0.21604
24h Volume (DOGE): 1.26B
24h Volume (USDT): $287.93M
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Trade Setup:
Bearish Scenario (Breakdown):
Short Entry: $0.2165 – $0.2190
TP1: $0.2050
TP2: $0.1950
Stop Loss: $0.2250
Bullish Scenario (Reversal Watch):
Long Entry: $0.2170 – $0.2200 (only on strong bounce with volume)
TP1: $0.2350
TP2: $0.2450
Stop Loss: $0.2140
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Market Insight:
Volume is high but selling pressure is dominant. Watch the support at $0.216 closely. Failure to hold it will likely open doors to deeper correction. Bulls need a strong reversal volume and momentum to push back above $0.235.
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Pro Tip:
Keep your stop tight and watch for any bullish divergence on the RSI or MACD. Manage risk carefully as DOGE’s volatility can spike rapidly in this zone.
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Buy And Trade Here On $DOGE
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