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$DOGE The DOGE chart is currently presenting a textbook case of volatility that demands a closer look. After a significant spike earlier in the session, the price is testing a crucial support level around $0.11040.
While we are seeing a sharp red candle on the 15-minute timeframe, the real question is whether this is a healthy cooling-off period or the start of a deeper retracement. Here is what I am watching:
• The Support Zone: Will $0.11000 hold, or are we heading back to the daily low of $0.10744?
• Moving Averages: The price has dipped below the MA7 and MA14, signaling short-term bearish pressure that needs to be reclaimed for a trend reversal.
• Volume Spike: There is a noticeable increase in volume during this recent drop, indicating high participation in the current move.
#USSeeksStrategicBitcoinReserve