$DOGE Faces Sharp Rejection After 10% Pump – Is the Hype Fading?
DOGE/USDT surged past $0.1710 but quickly got slapped down, now trading at $0.1695. That swift rejection signals hesitation near local highs, possibly triggering a short-term correction.
What’s Playing Out
• DOGE saw strong buying volume earlier today, but sellers stepped in hard at resistance.
• Price action has now dropped below a key intraday support level, hinting at weakening bullish momentum.
Zones to Watch
Resistance:
• $0.1738 – Key barrier where rejection happened.
Support Levels:
• $0.1675
• $0.1650
• $0.1630 – Critical zone for trend continuation.
The rally looked promising, but this pullback says DOGE might cool off before another move up. Watch for support retests—if bulls hold $0.1650, it could set up for a bounce. But a drop below may open the door for deeper downside.