$DOGE Sharp Rejection from $0.1960, Bulls Losing Steam
DOGE attempted to reclaim the $0.1960 level but faced an aggressive sell-off, pushing price back below $0.1930. The recent wick-heavy structure signals seller dominance near resistance, and volume is starting to favor bears on the lower timeframe.
Key Levels to Watch
Resistance Zone:
• $0.1960 – Breakout rejection zone
• $0.1985 – Secondary overhead barrier
Support Zone:
• $0.1920 – Immediate bounce zone
• $0.1900 – Key demand and psychological level
Trade Setup – Reversal Rejected or Just a Pullback?
Bullish Entry: Break and hold above $0.1960
• Target 1: $0.1985
• Target 2: $0.2010
Bearish Entry: Close below $0.1920 with volume
• Target 1: $0.1900
• Target 2: $0.1865
Unless bulls reclaim control quickly, DOGE may revisit the lower consolidation band as bears eye further downside.