DOGE/USDT Technical Analysis

1. Price and Key Levels:

Current price: 0.3992 USDT (2.69% down).

Support: 0.38154 and 0.35120 USDT.

Resistance: 0.41900 and 0.45645 USDT.

2. Bollinger Bands:

Narrow bands indicate a big move ahead.

Price is below the middle line, reflecting weak bearish momentum.

3. Technical Indicators:

MACD: Confirming the downtrend as sellers continue to pressure.

RSI: Neutral values ​​with weak momentum (between 42.5 and 57.3).

Stochastic (K/D): At low levels with potential for a rebound.

4. Volume:

Low volumes indicate weak market activity currently, but may precede a breakout soon.

Recommendations:

Watch the volume and signals from Bollinger Bands.

Buy on a bounce from the support at 0.38154 USDT.

A break of the resistance at 0.41900 USDT could lead to a rise towards 0.45645 USDT.