$DOGE /USDT BEARISH CONTINUATION SIGNAL – SELL PRESSURE DOMINATES BELOW KEY RESISTANCE
Market Next Move (Bearish):
DOGE/USDT is showing bearish continuation signs as price fails to reclaim the 0.139–0.140 resistance zone. Repeated rejection from this supply area and price holding near the session lows indicate sellers remain in control. Unless DOGE breaks and sustains above 0.140, downside pressure is likely to persist in the short term.
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📉 Technical Explanation
Price is consolidating below a strong resistance cluster around 0.139–0.140, with lower highs visible on lower timeframes. Volume does not support a bullish breakout, suggesting this move is a pause before the next bearish leg rather than accumulation. A breakdown below 0.1368 can accelerate selling momentum.
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🎯 Trade Setup (Short Position)
Entry (Short): 0.1375 – 0.1385
Stop Loss (SL): 0.1405
Take Profit (TP1): 0.1345
Take Profit (TP2): 0.1315
Extended TP: 0.1280 (if momentum increases)
Risk-managed setup favors shorts below resistance.
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🔮 Short Market Outlook
DOGE remains weak in the short term and is likely to continue trading bearish unless bulls reclaim 0.140 with strong volume. Overall structure favors sellers, and rallies may be used as selling opportunities until a clear trend reversal appears.
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