🚀 $DOGE Analysis: Is It Time to Buy or Sell? 🚀
(BUY for short term)
The DOGE/USDT pair is showing mixed signals. With the current price at $0.33526, DOGE has risen by 5% in the last 24 hours. Here's what you need to know:
📊 Key Levels:
Support: $0.30, $0.25
Resistance: $0.36 (short-term), $0.48 - $0.50 (major).
📈 Short-Term Play: Consider selling at $0.36 or higher if it doesn't break $0.50. For scalpers, watch out for volatility!
📉 Long-Term Play: Strong buy zones lie near $0.25 - $0.30. Patience is key for better entry points.
Moving Averages:(From Picture )
MA(7) (Yellow): $0.32323 – short-term trend is slightly bullish.
MA(25) (Pink): $0.38975 – price is below this level, signaling potential weakness in the medium term.
MA(99) (Purple): $0.25151 – price remains above the long-term support, showing an overall upward trend.
⚠️ Risks: High volatility, speculative sentiment, and external market factors. Always trade with a stop-loss!