$DOGE /USDT Technical Analysis: Key Battle at $0.160 — Breakout or Breakdown?

Current Price: $0.15892 (-0.29%)

24h High/Low: $0.16371 / $0.15792

Volume (24h): 610.98M DOGE | 97.98M USDT

Indicator Focus (SAR): $0.16070

Price Outlook:

DOGE is currently trading just below its SAR resistance of $0.16070 after failing to sustain above $0.163. Although volume remains strong, the price is trapped in a tight range. Bulls must reclaim $0.161+ for continuation, while a drop below $0.157 may trigger a short-term pullback.

Trade Setup (Long Bias):

Entry: $0.15900

Target 1: $0.16150

Target 2: $0.16450

Target 3: $0.16800

Stop Loss: $0.15600

Reason for Upside: DOGE continues to attract high trader interest with 600M+ daily volume, and price is consolidating above key support. A move above $0.161 could trigger momentum buying.

Risk for Downside: Rejection near SAR resistance and failure to hold $0.157 could result in a dip toward $0.154 or lower as short sellers take control.

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