According to 4h chart it will hit to its support and and going to change its support into resistence. its better to trade in short until its hits support
Insighter Yi Xi
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Bearish
🐶 $DOGE Dips Rebound Ahead or More Downside? 🎯🔥
$DOGE /USDT is experiencing a pullback, currently at $0.1662 after hitting a 24h high of $0.17278. Can bulls regain momentum, or is further downside likely? Let’s break it down:
🔹 Support: $0.16468 – 24h low, a crucial level for buyers to hold. 🔹 Resistance: $0.16915 (SAR) – Flipping this could trigger a recovery!
🎯 3 Key Levels to Watch:
📉 Support 1: $0.1645 – Key zone; a breakdown could lead to more losses. 🚀 Resistance 1: $0.1692 – A reclaim could spark bullish momentum. 🚀 Resistance 2: $0.1728 – Breaking this could push DOGE back to $0.18!
💡 SAR (0.02, 0.2): $0.16915 – Staying below this signals bearish pressure. ⚡ Volume: 553.38M DOGE (~$93.23M USDT) – High activity despite the dip!
🔥 Reversal or More Decline? Watch $0.1692—if reclaimed, DOGE could bounce back strong! 🚀