🔥🔥🔥 Dogecoin ($DOGE ) Leaps Higher: Can The Momentum Last?

Dogecoin Price Recovery Gains Momentum, Targets $0.1180 Resistance

- Dogecoin (DOGE) is showing signs of recovery after bouncing from the $0.1020 zone, currently trading at $0.1140. It has broken key resistance levels and is now targeting $0.1165 and $0.1180 for a potential further rally.

Key Points:

- DOGE surged above $0.1100, and is now above $0.1120 and the 100-hour simple moving average.

- A bearish trend line was broken near $0.1100, signaling potential bullish momentum.

- If DOGE breaks $0.1165, it could target $0.1180 and even $0.1240.

Possible Downside:

- Immediate support is at $0.1120, with stronger support at $0.1080. A break below could lead to a retest of $0.1020 or further declines to $0.0980.

Technical Indicators:

- #MACD : Bullish.

- RSI: Above 50, indicating positive momentum.

- Support Levels: $0.1120, $0.1080

- Resistance Levels: $0.1165, $0.1240

Source - newsbtc.com

#CryptoTrending #CryptoNewsCommunity #BinanceSquareTalks #DogecoinPredictions