Here’s a quick technical overview and market analysis for $DOGE USDT Perpetual:
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🔹 Market Summary
Last Price: $0.16051
Mark Price: $0.16049
24h Change: -2.44% 📉
24h High / Low: $0.16788 / $0.15855
24h Volume (DOGE): 5.10B
24h Volume (USDT): $832.82M
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🔸 Volume & Moving Averages
Vol (Current): 103.6M
MA(5): 222.99M
MA(10): 221.93M
🔽 Current volume is well below average, suggesting reduced momentum after recent activity.
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🔹 Support & Resistance Levels
Price Zone Type
$0.16788 24h Resistance (Recent Top)
$0.16553 Minor Resistance
$0.16052 Current Price Level
$0.15855 Immediate Support (24h Low)
$0.15797 Extended Support Zone
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⚠️ Technical Bias
Trend: Sideways to weakly bearish on the short-term.
Risk Signal: Lack of strong buying despite large 24h volume; could point to distribution phase or profit-taking.
Strategy Note: If $0.1585 breaks, we may see quick dips toward $0.155 or even $0.150 psychological support.
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✅ Suggested Strategy
Scalp Long: If price bounces off $0.1585 with volume confirmation.
Short Bias: Below $0.1580 — aim for $0.155 or lower.
Range Traders: Play $0.1585–$0.1675 range until clear breakout.
Would you like this charted with Fibonacci retracement or RSI levels included?
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