$DOGE $DOGE

DOGE/USDT: 🐻 A Bearish Trend

The DOGE chart is showing a bearish trend. While there was a recent price surge, the current momentum suggests a potential downward movement.

Key Points:

* Resistance Level: The $0.20435 level has acted as strong resistance, preventing further upside movement.

* Support Level: The $0.18854 level could serve as a potential support level.

* Volume: The trading volume has been relatively low, indicating a lack of significant buying pressure.

Entry Strategy:

Bearish: Consider a short position with a stop-loss above $0.20435 and a take-profit target around $0.18854.

Disclaimer: This is just my two cents. Do your own research before investing. This isn't financial advice.

Let's see if DOGE can break out of this bearish trend or if it continues its downward movement.

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