$DOGE /USDT ‌

Current price is showing strong volatility, with ~-3.2% change in the last 24 hours. After a short-term breakout attempt toward 0.1237, price faced rejection and immediate sell pressure, pushing it back toward the 0.123 area.

On the 1H timeframe, we can clearly see bearish candles forming after the spike, which usually signals exhaustion of buyers and short-term momentum shifting bearish. Volume also cooled after the impulse move — a classic sign of a fake breakout / liquidity grab.

Market Structure Insight

Price failed to hold above 0.1237 resistance

Bearish candles + upper wicks = selling pressure

Structure suggests a pullback or deeper retrace before any real continuation

Trade Setup (Short-Biased)

Entry Zone:
0.1234 – 0.1238

Targets:
• Target 1 🎯: 0.1226 (minor support)
• Target 2 🎯: 0.1219 (liquidity zone)
• Target 3 🎯: 0.1212 (key support / range low)

Stop Loss:
• 0.1244 (clean invalidation above resistance)

Alternative Bullish Scenario

If price reclaims and holds above 0.1245 with strong volume, this bearish setup is invalid. In that case, DOGE could flip resistance into support and attempt a continuation toward 0.126+.

Summary

Right now, DOGE looks overextended after a quick push up, and the market is signaling a cool-off or deeper pullback. Until resistance is broken with conviction, short-term downside remains more probable than an immediate rally.
#2025GateYearEndSummary #BitcoinGoldBattle #StablecoinsGoingMainstream #DoubleRewardsWithGUSD #BTCMarketAnalysis