$DOGE The $DOGE /USDT chart presents a bullish trend. The price has been steadily increasing over the past 24 hours, with a 24-hour high of 0.16900 USDT. The current price is 0.16221 USDT, which is a 3.08% increase from the 24-hour low of 0.15415 USDT. The 24-hour trading volume is 2.24B DOGE, and the 24-hour trading volume in USDT is 361.93M.
Support and Resistance Levels
Immediate Support: The 0.15415 USDT level is the immediate support level. If the price breaks below this level, the next support level is 0.14605 USDT (MA99).
Immediate Resistance: The 0.16900 USDT level is the immediate resistance level. If the price breaks above this level, the next resistance level is 0.18213 USDT.
Moving Averages
MA7: The 7-day MA is below the current price, suggesting potential upward momentum in the short term.
MA25: The 25-day MA is below the current price, indicating a potential upward trend in the medium term.
MA99: The 99-day MA is below the current price, suggesting potential upward momentum in the long term.
Entry Signal
A potential entry signal for a long position could be a break above the 0.16900 USDT resistance level. However, it's important to note that the market is currently in a bullish trend, so it's important to use a stop-loss order to protect your investment.
Additional Considerations
The volume is increasing, which suggests that there is more interest in buying DOGE.
Overall, the DOGE/USDT chart is currently bullish. It is important to use stop-loss orders to protect your investment.
Disclaimer: This is not financial advice. Please do your own research before making any investment decisions.#CryptoAMA #29thBNBBurn #16thBTCWhitePaperAnniv #USNFPCooldown #Write2Earn!