🚀 $DOGE /USDT Market Update – Reversal Incoming or More Downside? 🐶🔥

Dogecoin ($DOGE ) is currently trading at $0.16789, showing a +4.41% gain in the last 24 hours! 📈

The price recently hit a 24H high of $0.16944 and a low of $0.15282.

📊 Market Overview:

🔹 Short-Term Trend (1H Chart): DOGE is attempting a recovery, showing a higher low formation, which may indicate bullish momentum.

🔹 Mid-Term Trend: Despite a -15.73% decline over 7 days and -33.15% over 30 days, DOGE is up +64.78% in 180 days, signaling long-term resilience.

🔥 Trade Setups

📍 Short Trade Setup (Bearish Scenario) ⛔

Entry: Around $0.168 - $0.170

Stop Loss: $0.175 (Above recent resistance)

Target 1: $0.160

Target 2: $0.150 (If selling pressure increases)

📍 Long Trade Setup (Bullish Scenario) ✅

Entry: Around $0.162 - $0.165 (Buying at dips)

Stop Loss: $0.150

Target 1: $0.175

Target 2: $0.185+ (If momentum continues)

🔮 Prediction & Outlook:

DOGE is attempting a bullish reversal, but it needs to break $0.170 for a stronger uptrend. If the price holds above $0.160, a push toward $0.175 - $0.185 is possible. However, failure to sustain momentum could lead to a retest of $0.150.

💡 Final Verdict:

📊 Bullish Bias ✅ (If DOGE stays above $0.160)

⚠️ Watch for breakout confirmation or rejection at $0.170!

Are you bullish or bearish on DOGE? Share your thoughts! 🚀🐕 #Dogecoin #crypto #trading $DOGE