📈 Technical Analysis for $DOGE
🕒 Current Price: $0.24248
🔍 Date: May 14, 2025
🐶 Overview:
DogeCoin shows notable buying strength in recent days, rising from levels of $0.21 to the current resistance at $0.24248, supported by good market momentum.
📊 Support and Resistance Levels:
🔻 First Support: $0.23200
🔻 Second Support: $0.21850
🔺 First Resistance: $0.25000
🔺 Second Resistance (Key Bull Run): $0.27500
📌 Technical Indicators:
✅ RSI at 64: Still in the safe zone, but close to the overbought area.
✅ MACD shows a positive crossover and continuation of upward momentum.
✅ 50-day moving average has been broken upward, reinforcing the positive outlook in the short term.
🔥 Positive Scenario:
If the $0.25 level is broken with a strong daily close, we may see a surge towards $0.275 and then $0.30 with new liquidity entering.
⚠️ Negative Scenario:
If the price is rejected at $0.25 and drops below $0.232, we may see a correction towards $0.218.
📣 Alert for Followers:
Watch price movements at the current resistance carefully. Breaking $0.25 could be a strong entry signal.
💬 Do you expect a price explosion coming for $DOGE? Share your opinion in the comments! 👇
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