$DOGE /USDT BEARISH ANALYSIS – SHORT SETUP DEVELOPING BELOW CRITICAL LEVELS

DOGE is currently trading at $0.20229 (-3.23%), showing weakness after multiple failed attempts to break above resistance. Price is now squeezed between moving averages, and sellers are gaining control as momentum fades.

🔍 KEY LEVELS:

Current Price: $0.20229

Support Levels:

$0.20200 (MA7 – fragile near-term support)

$0.19583 (24h low – key breakdown level)

Resistance Levels:

$0.20540 (MA25 – immediate resistance)

$0.21250 (24h high)

$0.21725 (MA99 – strong long-term resistance)

$0.22027 – $0.22772 (major supply zone)

📉 MOVING AVERAGES:

MA(7): $0.20200 (price hugging this level – weak support)

MA(25): $0.20540 (just overhead, acting as rejection zone)

MA(99): $0.21725 (upper boundary of bearish invalidation)

⚠️ BEARISH OUTLOOK:

DOGE has formed a lower high structure with descending resistance and now trades just above key support at $0.20200. If it breaks below $0.19583, it could lead to a sharp drop toward deeper liquidity areas. The coin is showing bearish compression, typical before breakdowns.

Volume remains moderate but favors sell-side pressure, with no bullish catalyst in sight yet.

💣 TRADE SETUP (SHORT):

Entry: $0.202 – $0.204 (on weak bounce or candle rejection)

Stop Loss (SL): $0.21280 (above 24h high & MA(25))

Targets (TP):

TP1: $0.19580

TP2: $0.18850

TP3: $0.18000 (if selling accelerates)

📌 RISK MANAGEMENT:

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