$DOGE price alert 🚨 Complete technical analysis whats next ?👇Big buying opportunity a head .
$DOGE is trading at $0.18699, showing a -5.19% drop in the 24-hour period.RSI (Relative Strength Index): The RSI is currently around 46, which is below the 50 neutral line. This suggests that the market momentum is neither strongly overbought nor oversold, but it leans slightly toward bearishness. If the RSI drops closer to 30, it may indicate an oversold condition, which could hint at a potential buying opportunity.
* The trading volume saw a significant increase during the recent uptrend but has since dropped off with the downward movement. This decrease in volume on the recent pullback could indicate that sellers are losing momentum, which may suggest the possibility of a bounce
*The 5-period moving average (MA) is currently above the 10-period MA, indicating a recent bullish crossover. However, if this downtrend continues, a bearish crossover may occur, signaling potential further downside.
*Support and Resistance:Support: The next support level appears to be around $0.16555 based on recent price levels.Resistance: The price recently hit a high of $0.21936, which serves as a resistance level. For any bullish movement, breaking this resistance would be crucial.
*Prediction and Possible Next Moves: the RSI, volume, and moving averages:Bullish Scenario: If the price finds support and buyers step in, it could attempt to retest the $0.19442 level. Breaking above this level could pave the way toward retesting the recent high at $0.21936.
*Bearish Scenario: If selling pressure increases, the price may move toward the next support around $0.16555.$DOGE
