$DOGE
🐶 The current DOGE looks like a sleepy dog; although it has maintained the moving average, it hasn’t surged, and the rebound is weak.
🔄 What is the current state?
The moving average is flat, and the RSI is swaying in the middle position;
This indicates that both bulls and bears are not in a rush, and DOGE is likely to move sideways between $0.21 and $0.14 for a while.
🐂 Bullish Scenario:
If DOGE bounces steadily from above the moving average,
the bulls will need to start taking action, first target: $0.21!
There may be strong resistance from bears here, but as long as it breaks through—
the next target will be $0.28! That will be DOGE's howling moment!
🐻 Bearish Scenario:
If the price can't hold and falls below the moving average,
then be careful, DOGE may head straight for the $0.14 support level,
if this level fails to hold, then it will truly be a 'dog going off the rails'!