🚀 **$DOGE /USDT Technical Update – Is an Oversold Rebound on the Horizon?**
🔹 **Current Price:** $0.17226
🔹 **24h Change:** -11.32%
🔹 **24h High/Low:** $0.19534 / $0.16534
🔹 **24h Volume:** 1.55B DOGE
### **Market Overview:**
DOGE has seen a sharp decline of over 11% in the last 24 hours. However, price action suggests a potential rebound after touching the $0.16534 support level, with rising volume indicating possible buying interest.
### **Key Support & Resistance Levels:**
🔸 **Support:** $0.17000 – $0.16500
🔸 **Resistance:** $0.17500 – $0.18000
### **Trade Setups:**
📌 **Bullish Outlook:**
- A recovery may take place if DOGE remains above $0.17000 and breaks past $0.17500.
- **Entry:** $0.17200 - $0.17400
- **Target 1:** $0.17800
- **Target 2:** $0.18500
- **Stop Loss:** $0.16800
📌 **Bearish Outlook:**
- A drop below $0.17000 could lead to further downside movement.
- **Short Entry:** Below $0.17000
- **Target 1:** $0.16500
- **Target 2:** $0.16000
- **Stop Loss:** $0.17400
🔔 **Keep an eye on volume trends and Bitcoin's movement!** A breakout above resistance could signal a potential trend reversal.
💬 **Are you bullish or bearish on DOGE? Share your thoughts below!**
