🚨 BREAKOUT ALERT $DOGE /USDT SET FOR REVERSAL OR DEEPER DROP?
🔹 Price Action: DOGE/USDT has sharply dropped from $0.17197 to a recent low of $0.15839, showing a steep sell-off.
🔹 Current Price: $0.16027, down 2.09% on the 1H chart.
🔹Support Zone: Strong support found near $0.15839 — the 24h low.
🔹 Resistance Zone: Immediate resistance seen near $0.16436 (24h high).
🔹 Candlestick Signal: Multiple indecision candles forming after a major drop indicate a possible short-term reversal or bearish continuation.
📈 Potential Scenarios:
Bullish Reversal: If DOGE closes above $0.164, expect a move back toward $0.168–$0.171.
Bearish Continuation: Failure to hold $0.158 could trigger a drop to $0.155–$0.150 range.
Strategy Suggestion:
⚠️ Wait for confirmation (1H or 4H close) above $0.164 for a long setup.
📉 Break below $0.158 on volume = potential short opportunity.
💡 Technical Tools to Watch: MACD cross, RSI divergence, Bollinger Band squeeze.
buy And Trade $DOGE Now.
