🐶 $DOGE / USDT – CONSOLIDATING AFTER THE SLIDE! 🐶
Dogecoin is holding above $0.1768, following a sharp drop from the $0.20672 high.
The 4H chart shows early signs of stabilization, with a tight consolidation forming just above the $0.16987 support.
Price is battling the 7 MA ($0.1773) while both the 25 and 99 MAs remain above — signaling resistance overhead.
Buyers are cautiously returning, but strength is still lacking for a major recovery.
A breakout above $0.180 could trigger short-term upside momentum.
However, rejection from this level would reinforce the bearish trend.
🔍 Watch for volume spike and a clean 4H close above $0.1804 for bullish confirmation.
📊 Trading Plan
Short-Term Long Setup
• Entry: $0.1765 – $0.1780
• Take Profits: $0.1804 / $0.1842 / $0.1923
• Stop Loss: $0.1730
Bearish Continuation (If rejected at 25 MA)
• Entry: $0.1795 – $0.1804
• Take Profits: $0.1735 / $0.1698 / $0.1650
• Stop Loss: $0.1845