This chart displays a bullish outlook for DOGE/USD on the weekly timeframe. The current price is $0.33, with an EMA (50) at $0.19 signaling a strong uptrend ๐. The chart suggests a key support zone around $0.20, ideal for entries ๐, and targets an ambitious price of $2.06, indicating potential growth of over 500% ๐. A descending wedge breakout and higher lows support the bullish thesis ๐. The RSI is at 67.35, close to overbought, hinting at momentum but also a need for caution โ ๏ธ. A pullback near $0.20 could provide better risk-reward entry opportunities.
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๐Keep an eye on the charts and your portfolio, and remember: DYOR -Crypto is always changing, so stay informed before jumping in! ๐๐ธ