$DOGE
🚀 $DOGE/USDT Technical Outlook – Oversold Rebound or Further Drop?
🔹 Current Price: $0.16750
🔹 24h Change: -12.92%
🔹 24h High/Low: $0.19534 / $0.16534
🔹 24h Volume: 1.55B DOGE
Market Overview:
DOGE has faced a significant pullback, losing over 11% in the last 24 hours. However, the price is showing signs of a possible bounce after testing the $0.16534 support level, with increasing trading volume hinting at a potential recovery.
Key Support & Resistance Levels:
🔸 Support: $0.17000 – $0.16500
🔸 Resistance: $0.17500 – $0.18000
Trade Setups:
📈 Bullish Setup:
If DOGE holds above $0.17000 and breaks $0.17500, we could see an upside move.
• Entry: $0.17200 - $0.17400
• Target 1: $0.17800
• Target 2: $0.18500
• Stop Loss: $0.16300
📉 Bearish Setup:
A breakdown below $0.17000 could lead to further declines.
• Short Entry: Below $0.17000
• Target 1: $0.16500
• Target 2: $0.16000
• Stop Loss: $0.17400
🔔 Key Watchpoints:
• Volume surge and BTC movement could signal a trend shift.
• A strong breakout above resistance may confirm a reversal.
💬 Will DOGE bounce back or continue its downtrend? Share your thoughts below!