#DOGE SHORT - Trade Analysis
Currently, DOGE is forming a bearish wedge pattern on the short-term timeframe. If this pattern is activated according to technical analysis, we may witness a break below the support level at 0.1525$ – where the price has held firm over the past few days.
📉 If this level breaks, it is likely that DOGE will continue to attract deeper liquidity, with a target around the 0.14$ area.
🎯 Position has been entered in the market at 0.1557$
Notable resistance level: 0.15825$ – may be retested, for those who haven't entered, you can watch for it.
Stop-loss is set at 0.1636
Profit-taking targets have been marked on the chart