🚨 $DOGE /USDT Plunges: Testing Key Supports! 🚨
$DOGE is trading at $0.30952, marking a significant -19.74% drop in the last 24 hours. After a strong rally to $0.48434, Dogecoin has experienced heavy selling pressure, approaching the daily low of $0.30175.
Key Levels to Watch:
Support: $0.3000 – Critical level to hold for a potential rebound.
Resistance: $0.3620 and $0.4000 – Key zones for recovery.
Stop-Loss: Below $0.2950 to minimize downside risk.
Next Moves:
Bullish Case: A recovery above $0.3620 could push DOGE towards $0.4000 and retest $0.4500.
Bearish Case: A breakdown below $0.3000 may see DOGE retest $0.2500 or lower.
Traders should closely monitor price action for confirmation before entering new positions.