$DOGE
Bearish with a slight dip in the last 24 hours, down by 6.54%. However, it is testing support levels, indicating a potential rebound if buyers take control.Price Amplitude: 0.60%, showing relatively small daily fluctuations in price.Moving Average Convergence Divergence (MACD):
The MACD could show whether the price momentum is shifting. Since the 7-day MA is higher than the 25-day MA, it suggests that the market is currently in a short-term bullish trend. If the MACD continues to increase, this could indicate a buy signal.
RSI (Relative Strength Index):
The RSI for DOGE is not currently provided, but if it were in the range of 30-50, it could indicate neutral or oversold conditions. An RSI above 70 would suggest overbought conditions, while an RSI below 30 would indicate oversold, potentially triggering a buy signal.
Order Book Analysis:
Largest Orders:
At $0.33930, there is a strong sell order (93.27K DOGE).At $0.33928, another strong sell order (39.92K DOGE) is waiting.
Bid Orders: The order book shows heavy selling pressure above $0.33900, and the price has been unable to push past the $0.34000 resistance.
Buyers: The market also has significant buying interest, suggesting that the price may hold at the $0.31800 to $0.33000 support level.
Trade Signal:
Buy Signal:
If the price holds above the support level of $0.31800 and the RSI indicates oversold conditions (below 30), it could be a good opportunity to buy.You may consider entering a long position if the price rebounds off support near $0.31800, looking to target the resistance zone around $0.34000 and $0.34500.Target Price: $0.34500 - $0.35000Stop Loss: Below $0.31800, to protect against further downside.
Sell Signal:
If the price breaks below the $0.31800 support, consider a short position as the price may continue to drop towards the next support at $0.31000.Target Price for Shorts: $0.31000Stop Loss: Just above $0.34000, to protect against a sudden reversal.