$DOGE /USDT BEARISH RETRACEMENT – SELLERS PRESSURING AFTER LOCAL HIGH

DOGE spiked to $0.23605 but has since pulled back to $0.23307, showing signs of selling pressure after a sharp rally from $0.22835. The rejection near the 24h high suggests short-term bearish retracement, with sellers eyeing support around $0.2310 – $0.2290.

Trade Setup (Short):

Entry Zone: $0.2330 – $0.2340

Take Profit 1: $0.2310

Take Profit 2: $0.2285

Stop Loss: $0.2365

Market Outlook:

While DOGE remains in a broader uptrend with higher lows, the immediate momentum has cooled off. A dip toward $0.2290 support is possible before bulls attempt another rebound. Sustaining above $0.2360 would invalidate the bearish setup and open the door for another upward push.

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