Dogecoin (DOGE) Price Action: Key Levels & Market Insights!

🚀 Crypto Market Update – March 2, 2025 🚀

📢 Latest News:
Bitcoin ( BTCUSD ) surged 6.06%, reaching $89,359.
Ethereum ( ETHUSD ) gained 1.36%, trading at $2,253.
U.S. President Donald Trump announced a Crypto Strategic Reserve, including XRP , SOL , and ADA , driving market optimism.

📊 Dogecoin (DOGE/USDT) Technical Analysis:
DOGE is currently trading at $0.2337 (+12.52%), showing an attempt to recover from recent lows. However, the market is still in a bearish momentum as long as the price remains below $0.2662.

• 📌 Key Levels to Watch:
  🔹 Pivot Line: $0.2460
  
  
• 🔺 Resistance Levels:
  $0.2662 (critical breakout level)
  $0.3111 (strong resistance zone)
  $0.3505 (major resistance)
  
  
• 🔻 Support Levels:
  $0.2043 (strong demand zone)
  $0.1774 (next key support)
  $0.1465 (deep support area)
  
  
• 🔎 Trading Outlook:
  Bearish Case: If DOGE fails to break above $0.2662, it may decline towards $0.2043 and $0.1774.
  Bullish Case: A daily close above $0.2662 could trigger a rally towards $0.3111 and higher.
  
  
• 🛠 Trading Plan:
  📌 Watch for price action around the $0.2662 pivot zone—a breakout above will favor bullish momentum, while rejection may lead to further declines.
  
  
• 📈 Sentiment Check:
  With BTC and ETH rising and positive regulatory news, DOGE could see increased bullish pressure if it clears key resistance zones.
  
  What’s your outlook on DOGE? 🚀📉 Drop your thoughts below! 👇