Next Few Hours - Potential Scenarios for DOGE COIN

1. Bearish Case:

• If selling pressure continues, Dogecoin could retest 0.35 (a support level based on previous consolidation).

• A breakdown below 0.35 could lead to further declines toward 0.32, where buyers might step in.

2. Bullish Case:

• If the price holds above the current level and buyers regain control, Dogecoin could retest the resistance at 0.42–0.45.

• A breakout above 0.45 with strong volume could signal renewed bullish momentum.

3. Consolidation:

• Dogecoin might enter a consolidation phase between 0.38 and 0.42 as the market absorbs recent volatility.

Recommendation

• Traders:

• Wait for a clear signal, such as a breakout above 0.42 or a breakdown below 0.38, before making a move.

• Monitor volume closely—rising volume on green candles could indicate renewed buying interest.

• Short-Term Signals:

• Buy Signal: If RSI rises above 50 and MACD crosses upward with positive histogram growth.

• Sell Signal: If RSI drops below 50 and MACD shows sustained negative divergence.

Let me know if you want a deeper breakdown or additional insights!#doge⚡ $DOGE #DOGE $