$DOGE Upcoming Downtrend — Rejection at the Resistance Area 🔻

It was pushed back from a major resistance area near 0.16590 — a typical sign of a downward rejection.

The price failed to break the resistance and is now sliding below the main structural support.

A decline towards the demand area at 0.16170 is likely unless the bulls come in strong.

🔴 Short Trade Setup

• Entry Area: 0.16450 – 0.16560

• Take Profit 1: 0.16300

• Take Profit 2: 0.16170

• Stop Loss: 0.16620

📉 Price action shows clear signs of exhaustion after testing the upper range of resistance.

Buy and trade here on $DOGE

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