$DOGE /USDT – Bearish Trend Continues

Current Price: $0.25245 (-2.89%)

Dogecoin has dropped from its 24h high of $0.26043 to a low of $0.24661, showing a continuation of the downtrend. The price is struggling to reclaim $0.255, and failure to hold above $0.250 could lead to further downside. However, a breakout above resistance may shift momentum.

Long Setup

Entry Zone: $0.250 - $0.255

Target 1: $0.260

Target 2: $0.266

Target 3: $0.270

Target 4: $0.275

Stop Loss: $0.245

Short Setup (If Rejection at Resistance)

Entry Zone: $0.258 - $0.260

Target 1: $0.252

Target 2: $0.246

Stop Loss: $0.263

Market Insights & Pro Tips

Breakout Watch: A move above $0.260 could signal a shift toward $0.270+.

Support Zone: Holding $0.250 is crucial to prevent further selling.

RSI & Volume: Volume remains steady, but RSI suggests potential for further correction.

If DOGE holds $0.250, a rebound is likely. Losing this level could lead to a retest of $0.245. Manage risk accordingly.

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