$DOGE - 💡The market is at a key level. If it fails 0.2000, momentum may sharply shift towards bears. If it holds, DOGE may attempt a short recovery. Stay alert for volume changes.

Drops to the decision area — will it hold 0.20 or break?

$DOGE is testing a critical support zone near 0.20 after several consecutive red candles. Despite a strong gain of over 60% over the year, the short-term structure is rapidly collapsing, especially with the recent drop of -14% over 7 days.

What’s next?

If $DOGE holds above 0.2000, we may see a short-term bounce towards 0.2150–0.2200.

A breakdown below 0.2000 could lead to a quick fall towards 0.1880 and possibly 0.1750.

The market structure shows lower highs and lower lows indicating that bears are still in control.

Short trade setup

Entry: 0.2070 – 0.2090

Stop loss: 0.2155

TP1: 0.1980

TP2: 0.1880

TP3: 0.1750

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