$DOGE – Hanging at Support, Reversal or Breakdown?
DOGE is trading at $0.21577, down nearly 4% in the last 24 hours. The 15-minute chart shows price hovering just above the $0.2140 support zone after a prolonged downtrend from the $0.237 range. A descending trendline is acting as dynamic resistance, keeping bulls under pressure.
This is a key decision zone. A bounce from this level could target the $0.225–$0.240 area, but failure to hold above $0.2140 may lead to a sharper fall toward $0.2100 or even $0.20775. Wait for bullish confirmation before entering!
Trade Setup:
Entry: $0.2145–$0.2160
TP1: $0.2250
TP2: $0.2320
TP3: $0.2405
SL: $0.2075