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BlockchainBaller
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13h ago
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$DOGE Falls to a Decision Zone—Can $0.20 Hold or Break? $DOGE is testing key support near $0.20 after a series of consecutive bearish candlesticks. Despite a year-long rally exceeding 60%, the short-term structure is rapidly breaking down, especially given the recent 14% drop over seven days. What's Next? If DOGE holds above $0.2000, we could see a short-term rally to $0.2150-$0.2200. A break below $0.2000 could trigger a rapid decline towards $0.1880 or even $0.1750. The market structure shows lower highs and lower lows, indicating that bears remain dominant. Short Trade Setup Entry Point: 0.2070 – 0.2090 Stop Loss: 0.2155 Target 1: 0.1980 Target 2: 0.1880 Target 3: 0.1750 The market is currently at a critical level. A break below 0.2000 could turn the momentum sharply bearish. If this level holds, Dogecoin could attempt a short-term rebound. Keep a close eye on volume.
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