$DOGE /USDT Technical Analysis and Trade Signal🔥🔥🔥
Current Market Overview:
Current Price: $0.32707 (+3.53%)
24h High: $0.32830
24h Low: $0.31450
Volume (24h): 654.82M DOGE
Technical Analysis:
1. Support Levels:
S1: $0.31450 (24h Low)
S2: $0.30500 (Key historical support level)
2. Resistance Levels:
R1: $0.32830 (24h High)
R2: $0.33500 (Previous rejection zone)
3. Momentum Indicators:
RSI (14): 62 (Bullish momentum, but approaching overbought)
MACD: Positive crossover, indicating continued upward momentum.
Volume: Increasing, supporting bullish sentiment.
4. Moving Averages:
EMA (50): $0.31900 (Price trading above EMA, confirming bullish trend).
EMA (200): $0.31000 (Long-term support remains intact).
Trade Signal:
Entry Point:
Buy Entry: $0.32500 - $0.32700 (On slight retracement).
Target Levels 🎯:
1. Target 1 (T1): $0.33000
2. Target 2 (T2): $0.33500
3. Target 3 (T3): $0.34200
Stop-Loss (SL):
$0.31400 (Below key support level).
Trade Momentum:
Trend: Bullish (Strong upward momentum).
Recommendation:
Short-term traders: Focus on T1 and T2 for quick gains.
Swing traders: Hold for T3 if momentum sustains above $0.33500.