🐕 DOGE ANALYSIS
Dogecoin is up 180% over the month but down 7.03% over the week. Its market cap is now $58 billion, four times that of Shiba Inu. The Ichimoku Cloud is pointing to a bullish zone while the DMI is showing weak momentum at 22 on the ADX.
💡 Quick Look: Similar previous setups have led to 20-30% moves in either direction. Watch the $0.438 level as a key resistance for a potential $0.50 move. Use the $0.34 level as a key support level. Consider a take profit strategy if the price approaches the Mercedes market cap area.