🔥$DOGE Consolidation with Bearish Bias
Volume: Declining volume on recent drops → no heavy selling yet, but overall volume inconsistent and not confirming any real direction.
Capital Flows:
- 24H contract net inflow: +9.28M USDT (leveraged longs piling in)
- 7D spot net outflow: -52M USDT (spot holders dumping/reducing)
This divergence screams potential volatility and downside risk.
Trade Idea: Cautiously Bearish – look to short weakness
- Ideal short entry $DOGE : rejection at resistance 0.1402
- Confirmation short: break below 0.1217 (Support)
- SL: 0.135 if shorting near 0.131
- Target: 0.1115
Watch for rejection at 0.140 – could be a nice setup. What’s your take on DOGE right now? 🚀 #DOGE #DOGEUSDT #Dogecoin
DOGEUSDT
Prep
0.12959
-1.80%
LIGHTUSDT
Prep
4.4899
+44.90%
NIGHTUSDT
Prep
0.10046
+34.43%