$1MBABYDOGE
Bullish Scenario:
Break Above $0.005000: A sustained move above this level could re-attract buyers, setting the stage for a test of $0.005500 and the 200 SMA.Momentum Recovery: Indicators like MACD turning positive and RSI crossing above 50 would reinforce bullish sentiment.
Bearish Scenario:
Drop Below $0.004500: A failure to hold this support could trigger further selling, potentially targeting the next support at $0.004000.Increased Bearish Momentum: A continuation of negative MACD dynamics combined with rising sell volumes may lead to stronger downward pressure.