šØ $DOGE /USDT Trade Signal ā Barking at Support or About to Bite Lower? šāš„
DOGE is teetering on the edge at $0.16249 (-4.98%), facing intense selling pressure. It's holding just above the critical 24h low at $0.16128, with bears in control below all major EMAs.
š Key Levels to Watch
Support Zone: $0.16128 ā $0.16095 ā $0.15800
Resistance Zone: $0.16262 (EMA7) ā $0.16435 (EMA25) ā $0.16771 (EMA99)
š Volume is spiking ā 679M DOGE traded, signaling volatility. Trend remains bearish until a clean break above EMA25.
š” Trade Setup
Scenario 1: Aggressive Long
Entry: $0.16150 (test of support)
TP1: $0.16262
TP2: $0.16435
TP3: $0.16771
SL: $0.16080
Scenario 2: Breakout Short
Entry: Below $0.16128
TP1: $0.16095
TP2: $0.15800
SL: $0.16250
š§ What to Watch
RSI below 30 (4H) may hint at reversal, but donāt front-run without confirmation.
Look for volume absorption at $0.161 area to catch a bounce.
Break of $0.1677 = trend shift to bulls.
ā ļø DOGE is volatile, meme-fueled, and unpredictable. Tight SL and proper sizing are a must ā no chasing candles here!
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