🪙 Analysis and Tracking of Currency $DOGE (Dogecoin)
🔹 Current Purchase Price: 0.1396
🎯 Targets:
🎯 First Target: 0.150
🎯 Second Target: 0.158
🎯 Third Target: 0.168
🛑 Stop Loss: 0.131
📌 Let's Talk a Bit About the Currency:
Dogecoin, despite being a meme coin, is one of the strongest currencies in terms of community and continuous support, and it often reacts quickly to any market movements. The current price of 0.1396 is close to a clear support level, and this type of area always attracts new buying operations, especially during market calm.
📊 Key Technical Indicators:
• RSI around 47: Normal condition and can improve without being overbought.
• MACD close to a positive crossover, indicating potential upward movement.
• Trading volume is stable and indicates moderate accumulation.
• The short-term trend leans towards a slight rise if it remains above support.
💡 Advice:
Gradual entry is better for currencies like $DOGE because they are fast-moving and are greatly affected by trends.
⚠️ Warning:
Breaking the level of 0.131 could open the door for additional decline, so stay committed to the stop loss