Dogecoin $DOGE has been facing a significant hurdle at the $0.26000 resistance level. After failing to break through, technical analysis suggests a potential downward move. The key support level to watch now is around $0.24000. A break below this could signal further bearish momentum.
For traders who anticipate a price drop, this could present an opportunity. One strategy to consider is short selling in the futures market. This involves selling a futures contract with the expectation that the price of DOGE will decrease, allowing you to buy it back at a lower price to profit from the difference.
Think $DOGE is heading down to $0.24000? Now could be the time to explore short-selling opportunities in the futures market. Always remember to trade responsibly and do your own research.
