🐶 $DOGE /USDT – May 12, 2025 Market Update

🏷️ Category: POW (Meme)

💰 Price: $0.24843 (▲ +5.95%)

📈 24H High: $0.25341 | 📉 24H Low: $0.22211

🔄 24H Volume: 2.72B DOGE | 💵 USDT Volume: $647.49M

📊 DOGE Price Analysis & Key Levels

🔹 Resistance: $0.253 / $0.260

🔹 Support: $0.238 / $0.222

📉 Crypto Market Insights

🔸 Fibonacci Retracement (Low $0.22211 – High $0.25341):

38.2% – $0.24135

61.8% – $0.23417

Pivot – $0.24400

🔸 ATR (14D): ±$0.0174

📉 Projected Swing Range: $0.231 – $0.265

🚀 Bullish Scenario

✅ Sustained move above $0.253 could push price to $0.260 and $0.272

✅ Strong support held at $0.222 signals solid accumulation

⚠️ Bearish Scenario

❌ Failure to hold above $0.244 could lead to a dip toward $0.238

❌ Break below $0.222 opens risk to revisit $0.215

🎯 Trading Strategy – Bullish Bias

🛍️ Spot Trading

Buy Zone: $0.238 – $0.244

Targets: $0.253 / $0.260

Stop-Loss: $0.229

📉 Futures Trading

Long Setup:

Entry: $0.244

Target: $0.253 / $0.260

Stop-Loss: $0.234

Short Setup:

Entry: $0.253

Target: $0.244 / $0.238

Stop-Loss: $0.257

🛡️ Risk Management & Alerts

Protect gains near $0.253 zone—overbought risk if volume drops

POW volatility means rapid spikes possible both ways

💡 Unique Insight – VWAP Signal:

DOGE is currently above VWAP ($0.243), reflecting strong bullish control; staying above $0.244 reinforces upward breakout odds

📌 Summary:

DOGE has shown solid strength today with a near 6% gain. A close above $0.253 confirms a breakout attempt, but eyes should stay on $0.244 as the key retest zone.

❓Closing Question:

Will DOGE’s meme-fueled momentum break the $0.26 resistance and rally toward $0.27 next?

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