DOGE/USDT Technical Update: Critical Support Test! 🐕📉
Looking at the 15m chart, $DOGE is currently battling a strong bearish trend. After a significant drop, the price is hovering right above a major support zone.
🔍 Technical Breakdown:
Support (Green Zone): Around $0.0894. This is the "Must-Hold" area for bulls. A bounce here could signal a short-term reversal.
Resistance (Red Zone): The $0.0935 - $0.0950 range is acting as a heavy ceiling, aligned with the MA(99) overhead pressure.
Trend: Price is currently trading below the MA(7), MA(25), and MA(99), showing that bears are still in control for now.
🎯 My Trading Setup:
Long Entry: Only on a confirmed 15m candle close above $0.0910 with high volume.
Take Profit (TP): $0.09500 (Major resistance target).
Stop Loss (SL): $0.08800 (Tight exit if support fails).
⚠️ Risk Warning: DOGE is highly volatile. Use proper leverage and never trade more than you can afford to lose.
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