🐶💥 $DOGE Losing Steam — Is the Meme Coin Magic Fading?
Dogecoin made a strong move past $0.2320 against the USD 🚀, but it’s now pulling back near $0.2180 📉.
Price action is still above $0.220 and pushing towards $0.230 — but the bulls are struggling just under $0.2250 and the 100-hour SMA ⏳📊.
On the hourly chart 🕒, DOGE/USD shows a bullish trend line holding support near $0.220 ✅.
If DOGE can smash through $0.230, we might see another leg up soon! 🚀📈
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🔄 DOGE Price Rejected — Trouble Brewing?
DOGE bounced from $0.2110 support just like BTC & ETH 🧱⚡.
It broke past the $0.220 resistance and even touched $0.2320 ✅
BUT — bears stepped in at $0.2380, and price fell after peaking at $0.2378 😤🐻
That move from $0.2109 to $0.2370 retraced below the 50% Fib level 📉📐
Right now, DOGE trades under $0.2250 and below the 100-hour SMA 🧊
There’s still a bullish trend line support near $0.220 on the chart 🟢🪙
Immediate resistance? $0.2250
Next challenge: $0.2320
Major wall: $0.2380 🧱🛑
A candle close above $0.2380 could open doors to $0.250, then $0.2720, and maybe even $0.2850! 🌕🐕
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📉 But What If DOGE Fails?
If DOGE can’t flip $0.2320, we might dip again 🔻
Support to watch: $0.220, then $0.2170 (76.4% Fib level from the last run) 🛑
Major support sits at $0.2120.
Break below that, and we could tumble to $0.2000, maybe even $0.1880 ⚠️😬
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📊 Tech Check:
MACD is turning bearish 🐻
RSI is below 50 — fading strength ⚠️
Support Levels: $0.220, $0.2120
Resistance Levels: $0.2320, $0.2380
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Is DOGE just recharging… or is the meme momentum finally done?
👀🐕💸 Let the market decide!
