DOGEUSD – Is Dogecoin About to Dump from Resistance?

Dogecoin is approaching a major supply zone around $0.251, and bulls are showing signs of hesitation. After weeks of sideways chop, price has surged back into a well-tested resistance zone. Could this be the top before a sharp pullback?

Key Technical Zones:

Resistance/Supply: $0.245 – $0.251 (Heavy seller activity)

Key Support: $0.210 – If this breaks, expect acceleration.

Demand Zone: $0.178 – $0.185 – The last area of strong buyer defense.


Potential Setup:

Rejection at $0.251 = Short opportunity.

Break below $0.210 = Confirmation of bearish momentum.

Targeting $0.178 on sustained downside pressure.


Context:

RSI approaching overbought territory.

Historical rejection from this supply area.

U.S. economic calendar (see bottom of chart) could trigger volatility.


Bias: Bearish near-term unless DOGE closes firmly above $0.251.

DOGE Army or Smart Shorts – who wins this level?

Comment your take and let’s discuss the next move!

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