🚨 $DOGE /USDT – Support Test or Deeper Dip Ahead? 🐶💥
#Dogecoin is slipping, down -1.44% as it trades near critical short-term support. Is this just a shakeout before a rebound, or is more downside coming? Let’s break it down! 👇
📊 Market Overview
📍 Current Price: $0.22288
📈 24h High: $0.23216
❄️ 24h Low: $0.22177
📊 Moving Averages:
MA(7): $0.22381
MA(25): $0.22672
MA(99): $0.22514
📊 RSI(6): 33.56 (Near oversold – potential bounce zone)
📉 MACD: Weak – no strong directional momentum
📊 24h Volume:
DOGE: 781.49M
USDT: $177.60M
📈 DOGE Trade Setup – Key Levels to Watch
🔹 Bullish Scenario (If DOGE Holds Above $0.2215):
Entry: Above $0.2250
Targets: $0.2320, $0.2390, $0.2470
Stop-Loss: $0.2180
🔹 Bearish Scenario (If DOGE Breaks Below $0.2180):
Entry: Below $0.2180
Targets: $0.2130, $0.2080, $0.2000
Stop-Loss: $0.2250
🔍 Should You Hold or Sell?
✅ RSI near oversold = bounce potential if volume steps in
⚠️ Trading below key MAs = short-term bearish pressure
📉 MACD remains weak—wait for confirmation before jumping in
💡 Pro Tip:
📌 Watch the $0.2250 resistance level—reclaiming it could flip the trend short-term
⚠️ If $0.2215 fails to hold, $0.2130 is the next major support
📢 Buying the dip or letting the dogs lie? Let’s talk DOGE strategy in the comments! 🐕👇
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