🚀 DOGE Update: Ready for a Comeback? 🚀 Looking at the weekly chart, $DOGE has reclaimed its 200-Week Moving Average (200 WMA) (white line) at $0.14 — a level that previously marked the start of its explosive bull run in early 2021. This is a significant bullish sign for long-term holders! Historically, retesting this level has acted as a springboard for massive growth in price. 📊 Chart Analysis: Yellow Arrow Reference: We might be seeing similar setups as we did in the last cycle. Notice the similarities in price consolidation and gradual increase in momentum. Although the patterns may not play out identically, the current position echoes early signals of DOGE’s past rally. ✨Support Levels: $DOGE has bounced from key support levels around $0.13-$0.14. Holding this range could give bulls a strong foundation for potential growth. ✨Volume & Momentum: As of now, volume is moderate, which could mean a steady accumulation phase. An increase in volume at these levels could push $DOGE higher and confirm an upward trend. 🔍 Key Takeaway: Being above the 200 WMA typically signals positive momentum & potential for a long-term uptrend. If $Doge mintains this level, we could be in for a significant price movement, though every cycle has unique conditions. Remember, history doesn’t always repeat, but it often rhymes! Keep an eye on the support and resistance levels, and #DYOR (Do Your Own Research) to stay informed. 🌌 #doge⚡ #CryptoNewss #HODLHODL #Cryptosignals #DogecoinCommunity
0 people tipped the creator.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.
