Technical Analysis ($DOGE /USDT):
Current Price: $0.10375
Resistance Level: $0.10480
Support Level: $0.10308
Breakout Possibilities:
Bearish Scenario: DOGE is currently testing the support at $0.10308. If this level fails to hold, we could see further downside pressure, potentially pushing the price towards lower support levels around $0.10000 or even lower.
Bullish Reversal: On the other hand, if DOGE manages to hold the support at $0.10308 and bounce back, the price could attempt to retest the resistance at $0.10480. A successful break above this resistance might lead to a bullish reversal.
The current setup suggests a leaning towards bearish momentum, but the key levels mentioned will determine the next direction.
#BlackRockETHOptions #Babylon_Mainnet_Launch #DOGSONBINANCE #BNBChainMemecoins #TelegramCEO
