#Dogecoin Technical Analysis – Bullish Momentum with Key Resistance in Sight

Dogecoin ($DOGE ) is showing notable strength on the daily chart as it maintains position above both its 9-day and 20-day EMAs, a clear indication of short-term bullish control. Momentum indicators like the MACD and RSI are confirming this uptrend, with rising histogram bars and an RSI that has entered overbought territory—signaling strong interest but also the need for caution.

The current price action is approaching a key resistance zone near $0.2718. A breakout here could open the door to higher levels around $0.3371 and $0.39483, while support levels near $0.17522 offer potential zones for re-entry if a pullback occurs.

For traders, the setup presents long opportunities above confirmed resistance and short opportunities if momentum falters. The technical outlook remains bullish, but all eyes are on the next breakout attempt. #DOGE #memecoin🚀🚀🚀 #TradeStories

Read the full analysis: www.ecoinimist.com/2025/05/14/dogecoin-price-action-turns-aggressive