$DOGE recently failed to sustain above the $0.28 weak high and has since retraced lower. As of now, it's trading around the $0.218 level, with selling pressure gradually building near support.
Iโm watching the $0.210 and $0.200 zones as the next key support levels. These areas could be critical in determining whether DOGE can stabilize or continue to slide.
On the upside, the price is still holding below key resistance levels. Unless bulls can reclaim and hold above the $0.240โ$0.250 range, the short-term trend remains weak and vulnerable to further downside.
Keeping an eye on how price reacts in this current rangeโany meaningful bounce needs to come with strong volume and momentum to shift the structure.
