$DOGE /USDT – BEARISH PRESSURE INTENSIFIES AS PRICE STRUGGLES TO HOLD ABOVE KEY SUPPORT 🔻
DOGE/USDT is currently facing strong downside pressure after dropping nearly –7%, slipping from the recent high at $0.17766 down to the $0.159–$0.163 demand zone. The lower highs and repeated rejections near $0.166–$0.168 suggest weakening buyer strength. If DOGE fails to hold above $0.160, sellers may push the price further down before any meaningful rebound.
🔹 Trade Setup (SHORT)
Entry: $0.164 – $0.166 (after weak bounce)
TP1: $0.158
TP2: $0.152
TP3: $0.148
Stop Loss: $0.170
🔹 Long Setup (Only If $0.160 Support Holds Strong)
Entry: $0.160 – $0.162
TP: $0.168
SL: $0.156
📊 Market Outlook
DOGE remains bearish in the short term as long as it trades below $0.168. Sustained accumulation above $0.160 may trigger a recovery bounce, but failure to hold this zone could lead to further downside extension. Keep an eye on volume spikes for possible trend reversal signals.
#DOGE #CryptoTrading #BearishTrend #Altcoins #TA
buy and trade here on $DOGE
