🚨🚨$DOGE USDT trading signal with 15minutes Timeframe technical analysis and future price prediction 👇👇
Technical Analysis:
1. Current Price: DOGE/USDT is trading at 0.31614, which is slightly up by +1.21% in the last 24 hours.
2. 24h Range:
High: 0.35000
Low: 0.31161
3. Indicators:
RSI (Relative Strength Index): At 19.9, this suggests the asset is in the oversold zone, which could signal a potential reversal or stabilization soon.
Moving Averages (MA):
MA(5): 18,027,451
MA(10): 21,394,962
These indicate short-term bearish momentum.
4. Volume: The trading volume has decreased, which suggests weakening momentum.
Future Price Prediction:
Short-Term (Next few hours): Based on the oversold RSI and bearish candlestick pattern, the price might stabilize or slightly rebound towards 0.318 - 0.320, but there is resistance at 0.32471.
Medium-Term (Next 1-2 days): If the price breaks above 0.32471, it could retest the 0.330 - 0.340 range. Conversely, failure to hold the current support at 0.31161 might push it lower to around 0.305 - 0.310.
Suggestion:
Monitor RSI for confirmation of reversal.
If planning to trade:
Consider buying near 0.31161 support with a stop loss below 0.310.
Look to sell near resistance levels around 0.32471 - 0.33000.
