๐ $DOGE /USDT Technical Analysis ๐ฏ
Dogecoin has surged +12.54% to $0.34068, supported by strong community activity and trading interest. Letโs break down the technical outlook and potential targets:
๐ Key Metrics:
24h High: $0.35000
24h Low: $0.26216
24h Volume: 7.03B DOGE (~$2.12B USDT)
๐ฏ Price Targets:
1๏ธโฃ Target 1: $0.36000
Breaking above the $0.35000 resistance could lead DOGE to test this level.
Watch for consolidation before the breakout.
2๏ธโฃ Target 2: $0.40000
A psychological level and strong historical resistance.
Momentum and volume will be crucial here.
3๏ธโฃ Target 3: $0.45000
If the uptrend accelerates, this could be the next stop, aligning with the April highs.
๐ Support Levels:
Immediate support: $0.29375
Strong support: $0.26216
๐ ๏ธ Technical Indicators to Monitor:
RSI: Indicates bullish momentum but nearing overbought levels.
MACD: Displays a bullish crossover.
๐ก DOGEโs surge reflects its strong community backing, but volatility remains high. Always use proper risk management.
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