đ DOGE BREAKS KEY SUPPORT â BEARISH PRESSURE BUILDS đ
Dogecoin (DOGE/USDT) dropped 3.59% in the last 24 hours, now trading around $0.1239 on Binance after losing the critical $0.13 support.
đ Whatâs Driving the Move?
⢠Heavy sell volume & high liquidity confirm strong bearish pressure
⢠RSI below 30 â oversold conditions, but trend still weak
⢠Descending triangle breakdown â classic continuation signal
⢠Loss of $0.13 support accelerated sell-side momentum
A brief bullish engulfing candle appeared, hinting at short-term dip buying, but it hasnât changed the broader bearish structure yet.
đ Market Snapshot
⢠Current Price: $0.1239
⢠24h Change: -3.59%
⢠Market Cap: ~$21.5B
⢠High trading activity reported on Binance
â ď¸ What to Watch Next
⢠Can DOGE reclaim $0.13? â Needed for relief bounce
⢠Failure to hold current levels may open the door to lower supports
⢠Volatility remains elevated â risk management is key
đ§ Takeaway
DOGE is under pressure after a key technical breakdown.
Oversold conditions may trigger short-term bounces, but trend remains bearish unless $0.13 is reclaimed with volume.
Trade smart. Donât fight structure.
#DOGE
