🐶$DOGE / USDT 4H Chart – Can the Doge Bounce Back from the Dip?
Dogecoin is currently trading at $0.18969, showing a modest intraday uptick of +0.22%, after facing significant selling pressure in recent sessions. The 4-hour chart on Binance paints a clear picture of a consistent downtrend, with minor consolidation near recent lows.
📉 The price dropped from around $0.23000 to a low of $0.18640, forming a classic falling wedge pattern—a potential reversal signal.
🔍 While $DOGE has attempted to bounce, the momentum remains fragile. Buyers are stepping in near the $0.186 support zone, but resistance is expected around $0.195 - $0.200 levels.
💡 A break above $0.195 with volume could trigger a short-term bullish move. However, failure to hold the $0.186 support might lead to a retest of deeper lows.
🕒 With meme coin sentiment still volatile, DOGE's next move could be swift and sharp—stay alert!
