$DOGE Next target?
Based on the chart and current indicators, here are potential next targets for DOGE/USDT:
Bullish Scenario:
If DOGE bounces from the 0.34 USDT support and gains upward momentum:
1. Immediate Resistance: 0.365 USDT (near EMA(7) and EMA(25)).
2. Next Target: 0.391 USDT (24-hour high and psychological resistance).
3. Strong Resistance: 0.438 USDT, the recent swing high on the chart.
Bearish Scenario:
If DOGE breaks below 0.34 USDT, the next downside targets are:
1. Immediate Support: 0.30 USDT, a psychological and historical level.
2. Next Support: 0.27 USDT (aligned with EMA(99)).
Likely Next Move:
Given the oversold RSI and Stochastic RSI:
A short-term bounce toward 0.365–0.38 USDT is possible, but failure to break 0.365 USDT could lead to consolidation or further declines.
A breakdown below 0.34 USDT could accelerate bearish momentum toward 0.30 USDT.
