🔥🚨$DOGE /USDT Breakdown: Bearish Momentum with Oversold Bounce Potential...
Technical Analysis $DOGE /USDT - 1H Chart):
DOGE has broken below key support with high volume, hitting a low of 0.17794. MA(7) < MA(25) < MA(99), confirming bearish momentum. RSI is oversold at 17.74, indicating a possible short-term bounce.
Decision: Wait for confirmation.
Entry (Long): Only if price reclaims 0.18500 with volume.
Sell/Short Bias: If price stays below 0.18000, continuation to 0.17500 or lower likely.
Verdict: Bearish trend; short-term bounce possible but risky to buy now without confirmation.