$DOGE /USDT ā Technical Analysis (as of $0.16187)
š Market Snapshot
Current Price: $0.16187
24h High: $0.16809
24h Low: $0.16178
24h Change: -2.20%
24h Volume (DOGE): 720.02M
24h Volume (USDT): ~$118.77M
š Technical Summary
Timeframe Trend Notes
15m Slightly Bearish Price sliding near 24h low, weak bounce attempts
1h Bearish Lower highs forming; rejection from $0.167+ zone
4h Pullback Phase Rejected at $0.168; testing key support zone
1D Bullish Bias Uptrend intact if above $0.155; current move is a correction within uptrend
š Key Technical Levels
Immediate Resistance: $0.1645 ā $0.1680
Major Resistance: $0.1700ā$0.1730
Immediate Support: $0.1600
Major Support Zone: $0.1540ā$0.1570
š Outlook
DOGE is currently experiencing a controlled pullback after testing resistance near $0.168. The price is hovering just above $0.1600, which is a short-term demand level. If it holds, a bounce back toward $0.165+ is possible.
However, if $0.160 is broken**, price may revisit $0.155ā$0.157 support area. This is a crucial zone for bulls to maintain the daily uptrend structure.
ā ļø Quick Strategy Ideas
Scalp Long: If $0.160 holds with volume, target $0.165ā$0.167, stop-loss below $0.1585
Short Trigger: Breakdown below $0.158 could invite move toward $0.154
Confirmation Entry: Reclaim of $0.168 with strong volume = bullish continuation
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