$DOGE is trading at $0.2187, down ~1% on the day.
⚡️ Key Influencing Factors:
Price rejected near $0.2875, forming a local top.
Support holding near $0.2140, with the MA(99) at $0.2039 acting as a stronger safety net.
Volume shows consistent activity, but buying momentum has slowed compared to July’s rally.
⚡️ Strategic Trading Notes:
🔺 Bullish case: If DOGE reclaims the 7-day MA ($0.2299), a push toward $0.24–$0.26 is likely.
🔺 Bearish case: A breakdown below $0.2140 could open a path back to $0.19–$0.20 support.
Best play: Accumulation near support with tight risk control while watching BTC dominance trends (altcoins sentiment).
Dogecoin is consolidating, patience now could set up the next strong move.
