DOGE/USDT 1H Analysis: Bearish Momentum or Reversal Ahead?

anteontem

1. Chart timeframe: 1H DOGE/USDT analysis.
   
2. Current price: $0.31977, down 0.39%.
   
3. Key levels:
   

• Resistance: $0.34 (POH - Point of High).
  
• Support: $0.315 (POL - Point of Low).
  
• Next major support: $0.308 if $0.315 breaks.
  

V

1. olume profile: Suggests potential accumulation near $0.31 level.
   

1. Outlook:
   

• Bearish: Momentum likely to continue towards $0.315.
  
• Bullish reversal: Requires reclaiming $0.325.
  

1. Setup rating: 7/10 for short positions with tight stops above $0.325.
   
2. Targets:
   

• Shorts: $0.315 → $0.308.
  
• Longs: Wait for confirmation above $0.325 before entering.
  

What’s your move on DOGE, cousin? 🚀📉