$DOGE /USDT TECHNICAL ANALYSIS: DOGE SHOWING SIGNS OF POTENTIAL REVERSAL, EYES ON $0.1800
#DOGE /USDT is currently trading at $0.1741, reflecting slight bearish pressure on the lower timeframes. However, the recent price action suggests a potential bounce if support holds strong.
🔹 Key Support Level: $0.1685
🔹 Key Resistance Level: $0.1811
DOGE has respected the $0.1680–$0.1700 support zone multiple times in recent sessions. If this area holds, bulls may regain momentum targeting $0.1780 and $0.1810 as short-term resistances.
📊 Trade Setup (Short-Term Rebound Scenario):
Long Entry: Above $0.1735
TP1: $0.1780
TP2: $0.1810
SL (Stop Loss): Below $0.1680
📉 Market Outlook:
DOGE remains in consolidation, but with the overall crypto market showing bullish bias, a breakout above $0.1810 could open doors for higher levels.
⚠️ Risk Management:
Use 2–3% of your capital per trade, always set a stop loss, and adjust position sizing to match your risk tolerance.