$DOGE Next target:
Looking at the chart, we can analyze some indicators to assess the potential next targets for Dogecoin (DOGE/USDT).
1. Price and EMA Levels: DOGE is trading above its EMA (Exponential Moving Average) lines (7, 25, and 99), indicating a strong uptrend. The immediate support levels could be the EMA lines at 0.35340, 0.33698, and 0.30691.
2. Stochastic RSI: The Stochastic RSI is at 83.05, suggesting DOGE might be in the overbought zone, which could indicate a pullback or consolidation soon.
3. MACD: The MACD (not directly shown but inferred from momentum) line crossing the signal line can indicate bullish momentum; however, the chart might be near a top if the histogram is weakening.
4. Next Resistance Levels: The recent high is around 0.36644. If DOGE breaks this, the next psychological levels to watch could be 0.38 or 0.40.
Always consider risk management, as overbought indicators might signal short-term volatility.
