DOGE/USDT | Technical Update
$DOGE bounced from the ๐ข 0.117 demand zone, but the rally faced strong rejection โ near 0.128โ0.129, where sellers clearly took control.
๐ Volume spiked on the move up, then faded during consolidation โ a sign of distribution, not accumulation.
Key Levels to Watch ๐
๐ด Resistance: 0.128 โ 0.129
๐ข Support: 0.121 โ 0.118
As long as price stays below 0.129, the bias remains neutral to bearish โ ๏ธ
A breakdown below 0.121 could open the door for a retest of 0.118.
๐ Bullish continuation is only valid above 0.129 with strong volume confirmation.
Trade the levels. Manage risk ๐ง