[Update DOGEUSDT – May 23, 12:23 WIB]
The current price of DOGEUSDT is $0.24352, down from a daily peak of $0.25439. After significant selling pressure, the price is now attempting to consolidate around the minor support zone.
Bullish Scenario:
The price is trying to hold above the $0.2430–$0.2435 area.
If a strong green candle breaks back above $0.2450, it could be a pullback signal.
Target for increase:
→ $0.2475 – $0.2490
→ Break out back to $0.2535
Bearish Scenario:
A decline could continue if the $0.2430 support is breached.
Selling pressure could drag the price down to:
→ $0.2410
→ $0.2380 as strong intraday support.
Conclusion:
The price is at a critical point. The reaction to the $0.2430–$0.2450 zone will be key. Beware of fake breakouts; candle confirmation is very important!