$DOGE Market Update 🐶📉
After reaching a local high of $0.29, DOGE dropped sharply to around $0.22 following the release of negative news yesterday.
📉 What likely happened?
Before the news, both institutions and retail traders seemed to be waiting on the Federal Reserve's announcement — using the build-up to push price lower and accumulate positions.
Once the news hit, the expected drop occurred — but now the price appears to be stabilizing at $0.22.
📈 My take?
We might be approaching a short-term correction or rebound, as the worst of the news has likely been priced in.
But as always —
🔍 Watch for volume shifts
📊 Confirm with trend indicators
🧠 Stay cautious, especially in volatile post-Fed environments