Latest developments of $DOGE
doge is currently facing key resistance at the 200-day, 100-day, and 50-day moving averages
The RSI seems to be slightly overbought, around 70, which may lead to a small pullback in the short term
In the past day, doge has increased by about 6 points, with the current significant resistance at a peak of 0.3405, and short-term support around 0.316. The buying power is currently stable; if there is a significant buying behavior in the future, it could break upwards
There is currently strong purchasing willingness in the market, which is very favorable for the development of bulls
Recommendation:
If it stabilizes above 0.3405 and there is a noticeable increase in volume, consider entering the market
If it cannot effectively break the upper resistance and falls below 0.333, then wait for the price to retrace to around 0.317 before entering the market
