$DOGE Bearish Momentum – Downside Pressure Mounting?
$DOGE is facing continued selling pressure after peaking at 0.24259 and dropping sharply toward the 0.21435 low. With a -1.32% daily change and a series of lower highs and red candles dominating the 1D chart, bears are firmly in control. The price is hovering near 0.21918, and a breakdown below support could accelerate the decline.
Trade Setup (Short)
• Entry Zone: $0.2190 – $0.2205
• Stop Loss: Above $0.2250
• TP1: $0.2150
• TP2: $0.2120
• TP3: $0.2080 (extended target)
Market Insight:
Volume stands at 9.236M with rising red bars, indicating bearish dominance. MA(5) at 47,126,162 is below MA(10) at 59,581,334, reinforcing the downtrend. If $DOGE fails to reclaim $0.2250, expect further downside watch the next candle for confirmation.
Buy and trade $DOGE here👇🏻
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