$DOGE /USDT TECHNICAL ANALYSIS – BEARS STILL IN CONTROL, MORE DOWNSIDE LIKELY 📉
Market Next Move (Bearish):
$DOGE /USDT is showing continued bearish pressure after failing to hold above the 0.150 resistance zone. Price is trading below key intraday levels with lower highs forming, indicating sellers are still dominating. Weak recovery attempts and rejection near resistance suggest a possible continuation toward lower support zones before any meaningful bounce.
🔍 Technical Breakdown
Resistance: 0.1478 – 0.1513
Immediate Support: 0.1424
Major Support: 0.1380 – 0.1350
Price remains below short-term resistance, keeping the structure bearish.
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📌 Trade Setup (SHORT – Preferred)
Entry (Short): 0.1460 – 0.1480
Targets (TP):
TP1: 0.1425
TP2: 0.1385
TP3: 0.1350
Stop Loss (SL): 0.1525
⚠️ Conservative traders can wait for a clear rejection near resistance before entry.
📈 Alternate Scenario
A break and hold above 0.1520 with strong volume may invalidate the bearish setup and open the door for a short-term bullish pullback.
🧭 Short Market Outlook
Overall sentiment remains bearish to neutral in the short term. Unless DOGE reclaims key resistance with volume, dips are likely to be bought weakly, favoring short-side trades. Patience and strict risk management are advised.
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