$DOGE Technical Analysis – Riding the Bullish Wave
Current Price: $0.39416 (+5.57%)
24h High: $0.40600 | 24h Low: $0.36240
24h Volume: 4.95B DOGE ($1.90B USDT)
Key Levels to Watch:
Resistance (White): $0.40600 – The recent high is the first major resistance to break for a continued rally. Watch for a breakout above this level to push towards new highs.
Support (Green): $0.37500 – A strong support zone to watch. If DOGE maintains above this level, it could continue its bullish momentum.
Bearish Alert (Red): $0.35836 – A drop below this level would signal potential downside, with further support around $0.3500.
Indicators:
MA(7): $0.39147 – The short-term moving average indicates that the price is currently trending upwards, supporting the bullish momentum.
MA(25): $0.38923 – This level also aligns with current price action, confirming potential for short-term continuation if it holds.
MA(99): $0.38022 – A reliable long-term support level. If DOGE dips towards this, it could provide a bounce back toward higher levels.
What’s Next for $DOGE /USDT?
With a solid volume surge and price climbing towards resistance, DOGE/USDT has the potential to break above $0.40600 for a fresh rally. Keep an eye on the $0.37500 support for any pullbacks. The trend is bullish as long as these levels hold!
Stay tuned, and keep riding the DOGE wave! 🌊🚀
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