$DOGE Faces Resistance – Can the Rally Sustain or Will Bears Strike?
$DOGE is up +4.5% and trading around $0.154 after reclaiming key levels. However, it’s now testing overhead resistance near $0.15550, with signs of hesitation on lower timeframes.
Key Technical Zones:
• Resistance Zone: $0.15550 – $0.15650 (price struggling to break)
• Support Zone: $0.15250 – $0.15300 (bullish structure hinges here)
Trade Setup – Momentum Shift or Rejection Risk
Bullish Entry: Above $0.15650
• Target 1: $0.15850 (previous peak)
• Target 2: $0.16100 (round-level resistance)
• Stop-Loss: Below $0.15300
Bearish Entry: Below $0.15250
• Target 1: $0.15000 (psychological support)
• Target 2: $0.14750 (volume gap zone)
• Stop-Loss: Above $0.15650
DOGE is bouncing but showing exhaustion near resistance. Bulls need a strong push above $0.1565 to reclaim momentum. Failure to break could invite profit-taking and a drop to support. This is a decision zone — breakout or fade incoming!