🚀 Dogecoin Price Analysis: Bulls Defend Key Support! 🐕💥
The bulls are working hard to maintain Dogecoin (DOGE) above the 50-day SMA ($0.10), aiming to form a higher low and keep the momentum alive. 📈
📊 If buyers can push and sustain the price above the 20-day EMA ($0.11), the DOGE/USDT pair could move up toward the resistance line of the symmetrical triangle. A break and close above this level could ignite a rally to the pattern target of $0.19! 🔥
🔻 On the downside, the support line is crucial. If it gives way, it would signal that the bears have taken control, potentially driving the price down to $0.08 and then to $0.06. Keep an eye on these key levels! 👀
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