๐Ÿถ Dogecoin ($DOGE ) Technical Analysis Update ๐Ÿ“‰

DOGE is currently in a falling trend channel in the medium to long term, signaling weak price development and declining investor interest.

๐Ÿ”ป Key Levels to Watch:

Support at $0.17 โ€“ DOGE is testing this level, which could trigger a short-term bounce if it holds.

Break below $0.17 โ€“ This would be a strong bearish signal, potentially leading to further declines.

๐Ÿ“Š Trade Setup:

๐Ÿ“ Entry: Watch price action at $0.17

๐Ÿ›‘ Stop-Loss (SL): Below $0.16

๐ŸŽฏ Target (TP): $0.20+ if support holds

Traders should be cautiousโ€”while a bounce is possible, a breakdown below $0.17 could accelerate losses.

#WhaleAccumulation #StablecoinGoldRush #trading #TechnicalAnalysis