📉 DOGE BREAKS KEY SUPPORT — BEARISH PRESSURE BUILDS 📉
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.
🔍 What’s Driving the Move?
• Heavy sell volume & high liquidity confirm strong bearish pressure
• RSI below 30 → oversold conditions, but trend still weak
• Descending triangle breakdown → 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 hasn’t changed the broader bearish structure yet.
📊 Market Snapshot
• Current Price: $0.1239
• 24h Change: -3.59%
• Market Cap: ~$21.5B
• High trading activity reported on Binance
⚠️ What to Watch Next
• Can DOGE reclaim $0.13? → Needed for relief bounce
• Failure to hold current levels may open the door to lower supports
• Volatility remains elevated — risk management is key
🧠 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. Don’t fight structure.
#DOGE
