$DOGE /USDT BEARISH BREAKDOWN – WATCH THESE LEVELS CLOSELY

DOGE is currently trading at $0.23038 and showing bearish momentum after a sharp -6.82% drop over the last 24 hours. The downtrend is backed by high volume and a rejection near the 24h high of $0.24891.

Key Levels:

Resistance: $0.23500 / $0.24891

Support: $0.22900 / $0.22300 (next major level)

MA60: $0.22961 – price hovering just above it; if broken, downside pressure will increase.

Trade Setup – SHORT POSITION

Entry: $0.22950

Targets:

TP1: $0.22500

TP2: $0.22300

TP3: $0.21800 (extended target)

Stop Loss: $0.23550 (above recent resistance)

Indicators Flashing Red:

MACD: Bearish crossover

Volume: Strong selling pressure

Bollinger Bands: Price riding lower band

Risk Management:

Risk only 1–2% of your capital

Adjust position size according to SL

Stick to plan – No revenge trading!

Trade smart, stay sharp!

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