Heading: Technical Analysis of $DOGE /USDT on Binance
Post Content:
The $DOGE /USDT trading pair on Binance is currently showing significant technical indicators that traders should be aware of. As of the latest 4-hour chart, the price of DOGE is $0.36162, reflecting a decrease of 2.81%. Here are some key observations and targets for traders:
1. Current Price and Volume:
- Current Price: $0.36162
- 24h High: $0.37580
- 24h Low: $0.34000
- 24h Volume (DOGE): 3.66B
- 24h Volume (USDT): 1.32B
2. Moving Averages:
- The yellow line represents the average volume line (AVL) at $0.35192.
- The chart shows a mix of green and red candlesticks, indicating periods of buying and selling pressure.
3. MACD Analysis:
- DIF: 0.00611
- DEA: 0.01243
- MACD: -0.00632
- The MACD line is below the signal line, suggesting a bearish trend.
4. Support and Resistance Levels:
- Immediate Support: $0.34000
- Immediate Resistance: $0.37580
- Key Resistance: $0.43858
Three Targets for DOGE/USDT:
1. Target 1: $0.37580 - This is the immediate resistance level and a potential short-term target.
2. Target 2: $0.40325 - A mid-term target based on previous highs.
3. Target 3: $0.43858 - A long-term target if the bullish momentum continues.
Traders should keep an eye on these levels and adjust their strategies accordingly. Happy trading, Binance family!#BinanceSquareFamily #DogecoinCommunity