The recent performance of DOGE has been mediocre. Although it has maintained the moving average, the upward momentum is weak, and the rebound strength is insufficient.
Current trend analysis:
The price is oscillating around the moving average, and the RSI shows no clear direction, indicating that both bulls and bears are in a strong wait-and-see mood. DOGE is likely to oscillate and consolidate within the range of 0.21 to 0.14 USD.
Upward expectations:
If the price rebounds from the moving average position, bulls are expected to gain strength, with the first target looking at 0.21 USD.
Once this resistance is broken, the next target may point directly to 0.28 USD.
Downward risks:
If the moving average support is lost, DOGE may fall back to 0.14 USD. If this level is also breached, it may face further downside risks.