$DOGE
$DOGE Facing Challenges—Gains Are Being Offloaded, Not Welcomed 🐕📉
Dogecoin is indicating a distinct caution: each rise is encountering instant selling pressure. Rather than buyers entering with assurance, prices are being rejected swiftly, indicating that the recent upward efforts are corrective actions, not the beginning of a new trend.
📉 Trade Strategy: Short $DOGE
Input: 0.092–0.095
Parar Pérdidas: 0.101
TP1: 0.088
TP2: 0.
TP3: 0.076
🔍 Technical Perspective
The most recent rally halted upon initial encounter with resistance, and momentum indicators are reversing once more. Purchasers are struggling to achieve acceptance beyond the 0.095 area, maintaining the bearish pattern. This action usually indicates distribution, as informed investors sell during price increases instead of pursuing higher values.
Provided DOGE stays under the invalidation threshold, the likelihood of continued downward movement remains higher. Liquidity sits below recent lows, turning those targets into appealing magnets if selling pressure intensifies.
📊 Market Overview (Approx.)
Market Capitalization: Approximately $13 billion
Maximum Supply: Unrestricted (intentionally inflationary)
Circulating Supply: approximately 143 billion DOGE
24H Trading Volume: Approximately $400–600 million
🧠 Ultimate Insight
DOGE is presently a market for selling during rallies, rather than one for breakouts. As long as buyers do not demonstrate strength by firmly surpassing resistance, short positions are preferred with well-defined risk. Engage in trading with discipline, honor your stop, and allow the market to handle the rest.
Exchange $DOGE here 👇
Remain alert. Allow the price to validate, not the excitement. 🚀