$DOGE COIN ANALYSIS 😱? PUMP📈OR DUMP📉

Recent Trend:

•The price experienced a strong bullish rally from approximately $0.15 to $0.45 before consolidating near $0.36.

• A notable increase in volume supported the breakout rally, indicating strong buying interest.

Current Structure:

• The price is consolidating after reaching a peak around $0.45.

• This consolidation could indicate a pause before the next major move (either a continuation upward or a correction downward).

Volume Profile:

• Volume shows a gradual decline during the

consolidation phase, suggesting a potential breakout in either direction once volume increases again.

Bullish Scenario

If bullish momentum resumes:

• Immediate Resistance: $0.39 (recent high before pullback).

• Key Bullish Target: $0.45 (previous swing high).

• Extended Bullish Target: $0.50 (psychological level and Fibonacci extension).

For a sustained bullish breakout, DOGE needs to hold above $0.39 with increasing volume.

Bearish Scenario

If bearish pressure builds:

• Immediate Support: $0.35 (local support level).

• Key Bearish Target: $0.30 (strong horizontal support and previous consolidation zone).

• Extended Bearish Target: $0.25 (Fibonacci retracement level and psychological zone).

A breakdown below $0.35 with strong selling pressure could push the price toward lower supports.

Indicators to Monitor

RSI: Check if the Relative Strength Index shows overbought or oversold conditions.

Moving Averages: Use 50 EMA and 200 EMA to see whether the trend remains bullish or flips bearish.

Volume Spike: Look for a breakout confirmation with high volume.