Possible Scenarios for DOGE COIN
1. Bullish Scenario (Short-term Recovery)
• If DOGE continues to hold above the support level near 0.38, it could move upward to test resistance at 0.40.
• A breakout above 0.40 could push the price toward the next resistance level at 0.415 or even 0.43, depending on volume and market sentiment.
2. Bearish Scenario (Continuation of Downtrend)
• If selling pressure increases and DOGE breaks below 0.38, the price could retest the support zone at 0.365.
• A breakdown below 0.365 may lead to a further decline toward 0.35, where buyers might step in.
3. Sideways/Consolidation Scenario
• DOGE could range between 0.38 and 0.40 in the short term as the market stabilizes after recent volatility.
• Consolidation within this range might set the stage for a more significant move in either direction.#doge⚡ $DOGE