DOGE 24 Hour Trend Analysis

Friends, let's look at DOGE technical analysis.

Current Dogecoin price 0.3825 USDT, 24-hour increase 3.33%, performing well.

First, let's look at a few key indicators:

EMA

7-day EMA: 0.37010, 25-day EMA: 0.36627, 9-day EMA: 0.29572. Dogecoin price is above the 7-day and 25-day EMA, indicating a bullish trend in the short term.

RSI

6-hour RSI is 53.50, indicating moderate strength for Dogecoin, with an upward tendency, but not overheated.

MACD

MACD bars are close to the zero axis, suggesting that the trend may change.

Trading Volume

Trading volume has decreased, everyone is waiting and watching.

The next 24 hours may have two possibilities: Bullish

If the price remains above the 7-day and 25-day EMA, it could rise to 0.38 - 0.39 USDT.

Bearish

If the price falls below the 25-day EMA, it could pull back to 0.36 - 0.35180 USDT.

For friends looking to enter the market: Buy Dogecoin

Enter when the price is between 0.372 - 0.374 USDT and there is a good candlestick chart above the 7-day EMA.

Target profit 0.38 - 0.39 USDT, stop loss set at 0.3650 USDT.

Sell Dogecoin

If the price cannot maintain above the 7-day EMA, it can be sold at 0.369 - 0.370 USDT.

Target profit 0.36 - 0.35180 USDT, stop loss set at 0.3750 USDT.

Final reminder:

The Dogecoin market is experiencing narrow fluctuations, don’t rush to enter, wait for a breakout or breakdown before acting.

Control risk, do not exceed 1 - 2% of total funds for each trade. Pay attention to news and market sentiment, as they will affect Dogecoin prices. If you want to delve into the cryptocurrency space but can't find a clue, and want to quickly understand information gaps, whether in contracts or spot trading, you can 👉 learn more in my profile #AVAX、ROSE、ADA大额解锁 #Solana涨势分析