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$DOGE Short Signal: Meme Coin Mayhem Ahead?
Dogecoin's recent pump might be running out of steam! Our analysis indicates a potential short-term correction.
Entry Zone: $0.142 – $0.147 USD
🎯 TP1: $0.130 USD (A key support level)
🎯 TP2: $0.123 USD (Approaching major demand zone)
🎯 TP3: $0.115 USD (Potential retest of previous lows)
Stop-Loss: $0.151 USDT (Managing downside risk)
Resistance Rejection:
$DOGE is struggling to break through the $0.148 - $0.150 resistance zone, hinting at seller pressure.
Volume Decline: We're observing a decrease in buying volume at these higher levels, suggesting bullish momentum is fading.
Trade with caution! Meme coins are highly volatile.
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