$Dodge Drops 5% – Will $0.1300 Support Hold or Crack?
March 8, 2025 – Market Update
📉 Current Price: $0.14821 (-5.10%)
🔼 24H High: $0.15647
🛑 24H Low: $0.12986
📊 Volume (DOGE): 3.77B
💰 Volume (USDT): 540.78M
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Technical Snapshot – Key Indicators
RSI: 42 – Approaching oversold territory.
MACD: Bearish crossover forming.
50-MA: $0.1530 – Now acting as resistance.
Volume Spike: Heavy selling volume in last 2 hours.
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Key Support & Resistance Zones
Support Zone: $0.1300 – $0.1330
Resistance Zone: $0.1560 – $0.1600
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Price Action Summary
DOGE is pulling back sharply after rejecting near $0.1560. It's now hovering close to a critical support zone. Volume suggests downside pressure, but RSI nearing oversold hints at possible bounce attempts.
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Scenarios & Trading Plans
🟢 Bullish Scenario
If $0.1300 holds, expect a rebound toward $0.1560 – $0.1600.
Break above $0.1600 opens path to $0.1650+
🔴 Bearish Scenario
A clean break below $0.1300 could trigger a slide toward $0.1250, then $0.1200.
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Spot Trading Setup (Short-Term)
Buy Zone: $0.1300 – $0.1330
Target: $0.1560 / $0.1600
Stop-Loss: $0.1250
Futures Trading Setups
Long (Bounce Play):
Entry: $0.1300 – $0.1330
Targets: $0.1560 / $0.1600
Stop-Loss: $0.1250
Short (Rejection Play):
Entry: $0.1550 – $0.1560
Targets: $0.1450 / $0.1300
Stop-Loss: $0.1600
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Risk Tips for DOGE Traders
Use tight stop-losses near key levels.
Watch the $0.1300 zone for bounce confirmation.
Volume and MACD shifts will confirm momentum.
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Summary:
DOGE is in a pressure zone. $0.1300 is the battlefield — bulls want to bounce, bears want to break.
Set your alerts now. Prepare your setup. The next big DOGE move is brewing.
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