Based on the latest chart of $DOGE , I will update the analysis:
1. CURRENT SITUATION:
- Current price: ~0.34087 USDT
- Trading above key MAs (MA20: 0.32527, MA50: 0.32150, MA100: 0.32855)
- Volatility: +0.57% (in the most recent session)
- Volume is at a low and stable level
2. TECHNICAL ANALYSIS:
a) Trend & Momentum:
- RSI(6): 73.70 → Slightly overbought zone
- RSI(12): 66.22 → Positive zone
- RSI(24): 57.88 → Neutral leaning positive
- MACD is giving a slight crossover signal above the signal line (0.00335 > 0.00545)
b) KDJ analysis:
- %K (80.99) > %D (77.46)
- %J: 88.11 → Overbought zone
- KDJ lines are trending upwards, indicating positive momentum
c) MFI:
- MFI(7): 70.34 → High zone but not overbought
- MFI(14): 68.05 → Money flow remains positive
- MFI(21): 63.78 → Average leaning positive
3. TRADING RECOMMENDATION (Next 4-24H):
MAIN SCENARIO (Probability 60%):
- Direction: LONG with conditions
- Entry Zone: 0.33800-0.33900
- Targets:
* T1: 0.34300 (+1.2%)
* T2: 0.34500 (+1.8%)
- Stop loss: 0.33600 (-0.6%)
- R/R ratio: 1:2
Confirmation signals:
- Hold above MA20
- Volume increases when testing support
- RSI(6) does not break below 65
ALTERNATIVE SCENARIO (Probability 40%):
- Adjust to test MA20 (0.32527)
- Short target: 0.33000 (-3.2%)
4. VOLATILITY ASSESSMENT ±5%:
- Probability of a 5% increase: AVERAGE (30%)
* Need to break 0.34500 with volume
* RSI continues to maintain above 60
- Probability of a 5% decrease: LOW (20%)
* Need to break below MA20 strongly
* Volume spikes when decreasing
5. POINTS TO NOTE:
- Price is in a short-term uptrend
- All momentum indicators are positive
- Low volume is the main weakness
- The range 0.34000-0.34200 is an important resistance to watch
- If 0.34500 is broken, there could be a stronger move