$DOGE /USDT BEARISH OUTLOOK 🐕📉 | TECHNICAL ANALYSIS UPDATE
Dogecoin is under pressure, currently trading at $0.1776 (-1.55%), struggling to hold above key support. A descending structure and repeated rejections signal potential downside ahead. 🚨
📉 Key Levels:
Resistance: $0.1832 🔼 | $0.2000
Support: $0.1729 🔽 | $0.1600
Current Price: $0.1776
🔧 TRADE SETUP – SHORT ENTRY
Entry: $0.1780 - $0.1800
Take Profit (TP):
1️⃣ $0.1729
2️⃣ $0.1600
Stop Loss (SL): $0.1840
📊 Risk Management Reminder:
Keep risk per trade limited to 2% of portfolio. Stick to your stop-loss & avoid emotional decisions. 💼
⚠️ Weak structure + selling pressure = Bearish bias. Watch for a clean break below $0.1729 for continuation! 💣
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