#babydoge #1Mbabydoge 1 Day Ahead Prediction
By considering the technical, fundamental, and market sentiment factors above, we can assume that:
If sentiment is positive and volume remains high: There is a possibility that the price will continue to rise, possibly retesting resistance around 0.00245 and potentially breaking through that level if volume supports.
If a correction occurs: The price could drop to the EMA 25 around 0.00206 as the first support, and then if the selling gets bigger, towards 0.00172 as the second support.
A strong resistance level is located at the price of 0.0024552, which is the highest price in the last 24 hours. If the price approaches this level with large volume, there is a possibility that the price will experience temporary rejection, or if it is penetrated strongly, there could be a breakout upwards.
Strong support can be seen at 0.0020595, which is the 25 EMA level and below it, 0.0017226, is the low of the last 24 hours which acts as a psychological support level.
The current price (0.0021853) is slightly above the 25-day EMA, but close to the 7-day EMA. This indicates that the short-term trend is still bullish (uptrend), but approaching the consolidation zone.
