$DOGE on the Edge: Will It Break $0.45 or Dip Below $0.40?
Current Price: $0.42531 (-2.33% in the past 24h)
24h High: $0.45360 | 24h Low: $0.39811
Volume remains strong at 4.92B DOGE.
Technical Overview:
• DOGE is trading above the MA(7) of $0.42027, signaling a short-term bullish move.
• However, it remains below the MA(25) at $0.42689, hinting that a breakout confirmation is needed.
• Support Zone: $0.39811 (recent low).
• Resistance Level: $0.45360 (24h high).
Momentum is building as the MA(99) ($0.41186) provides strong long-term support, reflecting bullish pressure despite recent pullbacks.
Key Takeaway:
A retest of $0.45360 is possible if volume sustains. A breakdown below $0.40 could open the door for further corrections. Eyes on market sentiment! 📈
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