$DOGE
DOGE Price Analysis: The Tug-of-War Between Bulls and Bears is About to Result in a Winner!
Brothers, DOGE is quite lively right now! The price is near the support line of the ascending channel, and both bulls and bears are holding their ground; it feels like the next big movement is just around the corner!
Bulls' Opportunity: Breakthrough at $0.423!
$0.423 is a key resistance level in the short term. As long as the bulls can break through this point in one go, the market can turn bullish. After the breakthrough, the target is directly looking at $0.48, and there’s even a chance to challenge the channel resistance line.
If it really hits here, the bears might have to take a break.
Bears' Counterattack: Drop Below $0.4!
Conversely, if the price falls below the support of $0.4, the bulls might not hold on, and caution is needed as a correction may come. The next support level is the 50-day moving average ($0.349), which is the bulls' last “fortress.” If this level cannot hold, DOGE might drop to around $0.3.
DOGE is at the crossroads of the ascending channel, with both bulls and bears vying for the next direction!
$0.423 is the key point for the bull counterattack; if broken, we look bullish to $0.48 or even higher; while $0.4 is the key point for the bear counterattack, if broken, caution is warranted, with targets focusing on $0.349 and $0.3.
Maintain a steady mindset, wait for the breakout signal, don’t let the market lead you astray, be steady and make a solid profit!