๐ DOGE Defies Gravity โ Breakout or Breakdown Ahead? ๐๐
Dogecoin dipped back under $0.250, now consolidating near key support.
๐ Current Status:
Broke below $0.2320 & 100-hour SMA.
Lost channel support around $0.2295.
Testing $0.2165โ$0.2150 demand zone.
๐ Upside Targets (if bounce holds):
$0.2295 โ First hurdle.
$0.2320 โ Key resistance.
$0.2420 โ Break here could fuel a move to $0.250โ$0.2650 (maybe even $0.2780).
โ ๏ธ Downside Risks:
Lose $0.2165 โ Retest $0.2150.
Break $0.2150 โ Freefall to $0.2050 / $0.2020.
๐ Indicators:
MACD โ Bearish momentum building.
RSI โ Below 50, favoring sellers.
๐ DOGE is at a make-or-break zone. A bounce could spark the next leg up โ but a break below $0.2150 opens doors to deeper losses.