$DOGE /USDT ALERT: Heavy Sell-Off Tests Support – Rebound or Further Drop
$DOGE is currently trading at $0.35871, down 10.57%, following a sharp drop from its 24h high of $0.40157. The price briefly hit a 24h low of $0.35105, reflecting strong bearish momentum. If DOGE can hold this crucial support level, buyers may push the price back toward resistance at $0.36349, with a potential retest of $0.37788 for a short-term recovery opportunity.
However, if DOGE fails to defend the $0.35105 support, further declines could drive the price toward $0.34908 or lower. Traders should monitor for reversal signals, such as bullish candles and rising volume, before making trades. Tight stop-losses are crucial to manage risks in this volatile phase. DOGE is at a critical juncture – stay alert for rapid moves and profitable opportunities.
