$DOGE Market Update 📊
DOGE is showing signs of short-term exhaustion after facing rejection near the 0.1008 resistance zone. The 1H chart reflects a sharp pullback with increasing sell volume, indicating profit-taking after the recent upward move.
🔍 Key Observations: • Price rejected from psychological resistance at 0.1000+
• Strong bearish candle with rising volume suggests momentum shift
• Price slipping below short-term MA levels (MA7 & MA25)
• Momentum indicators (KDJ & RSI) turning downward
📉 Levels to Watch: • Support: 0.0980 → 0.0973
• Resistance: 0.0995 → 0.1008
⚠️ Outlook: If DOGE fails to hold the 0.0980 support, a deeper retracement toward 0.0970–0.0965 could follow. A reclaim above 0.1000 is needed to restore bullish momentum.
DYOR before investing. This is not financial advice.