Here’s a professional post based on the analysis:
The current $DOGE /USDT price is 0.09548 USDT, with a 24h high of 0.09885 USDT and a low of 0.09388 USDT. The price is below both the 7-day (0.09751 USDT) and 25-day (0.09985 USDT) moving averages, indicating a bearish trend. Recent candlesticks show a downward trend, suggesting selling pressure. The support level is around 0.09388 USDT, while resistance is at 0.09885 USDT. Traders should watch for a reversal signal before entering a long position, and monitor the support level for a potential bounce. Increased trading volume indicates stronger market activity and potential volatility. Investors should stay informed on broader market trends and news related to Dogecoin.#CryptoMarketMoves #Sent by Copilot:
Here’s a professional post based on the analysis:
The current DOGE/USDT price is 0.09548 USDT, with a 24h high of 0.09885 USDT and a low of 0.09388 USDT. The price is below both the 7-day (0.09751 USDT) and 25-day (0.09985 USDT) moving averages, indicating a bearish trend. Recent candlesticks show a downward trend, suggesting selling pressure. The support level is around 0.09388 USDT, while resistance is at 0.09885 USDT. Traders should watch for a reversal signal before entering a long position, and monitor the support level for a potential bounce. Increased trading volume indicates stronger market activity and potential volatility. Investors should stay informed on broader market trends and news related to Dogecoin.#CryptoMarketMoves #PowellAtJacksonHole #LowestCPI2021 #SahmRule