$DOGE LOW RANGE CONSOLIDATION: BREAKOUT AHEAD OR FAKEOUT TRAP?
$DOGE/USDT is trading at $0.22574, gaining +2.15% after bouncing from a local low of $0.21768. Price is forming a tight consolidation just below a resistance zone, signaling a possible breakout attempt or rejection setup.
Key Price Levels:
• Resistance Zone: $0.22800 – $0.23050
• Support Zone: $0.22350 – $0.22500
Trade Setup:
Bullish Scenario:
• Entry: Above $0.22800
• TP1: $0.23050
• TP2: $0.23350
• SL: Below $0.22350
Bearish Scenario:
• Entry: Below $0.22350
• TP1: $0.22000
• TP2: $0.21700
• SL: Above $0.22800
$DOGE is coiling tightly in a critical zone. A strong move above $0.228 could ignite upside momentum, while failure to hold $0.223 may invite sellers back. Watch closely for confirmation.