DOGE /USDT – Bearish Setup Confirmed!💯🔥
Dogecoin (DOGE) has been struggling to regain momentum, currently trading at $0.19212 after a steep drop. The price action suggests a continuation of the downtrend, with no strong bullish signs yet.
Trade Setup
Entry: $0.19212
Take Profit: $0.18550
Stop Loss: $0.19700
Market Outlook:
DOGE is consolidating near recent lows after a sharp decline. If the price breaks below $0.19000, further selling pressure could drive it lower. A slight recovery may occur, but as long as it remains under resistance, short positions remain favorable.
Pro Tip: Monitor volume closely. A drop in buying interest could accelerate the downtrend, offering an ideal opportunity to scale into shorts.
DOGEUSDT
0.19252
-12.47%
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