#Dogecoin Update:
DOGE made another run at the $0.1600 resistance but got rejected—again—for the third time. It's now pulling back, hovering near $0.1533 after briefly dipping to $0.1527.
Key Levels:
Resistance: $0.1600 (strong rejection zone)
Support: $0.1520–$0.1530
Breakdown Risk: $0.1500
Market Insight:
Repeated rejections at $0.1600 highlight firm selling pressure.
Short-term bias leans bearish unless buyers step in at support.
A decisive reclaim of $0.1565+ is needed to revive bullish momentum.
Trading Outlook:
Avoid FOMO long entries here.
Wait for a confirmed bounce or a breakout above $0.1565.
Keep an eye on volume and candle structure near support.
Stay cautious—let price action lead the way.
