💡 Quick technical analysis:
✅ Strong rebound! After dropping to $0.12986, DOGE experienced a strong upward wave reaching $0.19300, reflecting the entry of strong buying liquidity into the market.
✅ Indicators are bullish!
The Relative Strength Index (RSI) is at 59, still below the overbought area, opening the door for further upward movement.
The convergence of the MACD lines gives signals of a potential positive crossover coming that could push the price higher.
The crossover of K and D indicators with a high J value enhances the likelihood of continued upward momentum in the short term.
✅ Trading volume is strong!
The recent trading volume is good and shows ongoing interest from investors, supporting positive price movement.
🚀 Expected scenario:
If DOGE can break the current resistance at $0.18447 (the highest price in 24 hours), we may see a new test of the $0.19 area or even a new higher peak.
In case of a pullback, the $0.168 - $0.154 area may form strong support that could help the price rebound again.
🔥 Is DOGE ready to explode?!
With the news circulating about ETFs and the SEC's decision delay, the market is in a state of anticipation — we may witness a sudden move at any moment! The analysis indicates that DOGE is ready for a new wave, are you ready to ride it?
📢 Share your opinion! Do you expect DOGE to rise to $0.20 or higher? 🚀👇
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Advice for investors:
Monitor the news closely, especially related to ETFs and cryptocurrencies in general.
Do not enter with all your capital in momentum waves, divide the entry into stages.
Always use a stop-loss to protect your profits and capital.