Dogecoin’s Bearish Trend – A Buying Opportunity or a Trap?

Dogecoin (DOGE) has been under pressure lately, struggling to break the $0.23 resistance and testing support around $0.20. Short-term sentiment is clearly bearish, with traders taking more short positions. However, some whales are quietly accumulating DOGE during dips, hinting at possible recovery.

Is this a golden chance to buy before the next pump, or just a bull trap waiting to shake out weak hands? If $0.19 holds, a rebound could be on the cards; if it breaks, we might see $0.15 or lower.

📊 What’s your prediction for DOGE this month – pump or dump? Share your thoughts!

$DOGE