đSHORT: $DOGE (1D)
#DOGE USDT | #DOGE | #Dogecoin
Current Price $0.14
Market Cap $20.72B
Change 1h -0.53% | 24h -1.45%
Daily Indicators:
⢠RSI: 41 - Neutral đ
⢠MACD: -0 - Bearish đ´
⢠EMA: 0.15 - Below đ´
Analysis:
The Swallow Team suggests closely monitoring Dogecoin as it approaches the crucial 200 EMA level. A breakdown here could lead to a test of lower support levels. The chart indicates increased volatility and a small fakeout zone that you should be aware of.
Price Targets:
If Dogecoin breaks below the 200 EMA, we might see it test support around $0.1250. In a further downward movement, the next target could be around $0.0820. Keep an eye on potential resistance at $0.1600.
