#DOGE DOGE Intraday Analysis
Current Price: 0.21963 (-2.47%)
Key Data
• Support: 0.211 (EMA13) / 0.201 (EMA21 + EMA89 double bottom)
• Resistance: 0.237 (24h high) / 0.25 (psychological level)
• Indicators: RSI neutral to bullish (around 60), MACD momentum weak, trading volume shrinking.
Viewpoint
Short-term bearish pressure, but strong support at EMA21-89 has not been broken. If it holds above 0.211, a rebound testing 0.237 is expected; if it breaks down on volume below 0.201, it will weaken to 0.18. The intraday trend leans toward consolidation, suggesting to observe the effectiveness of support; a rapid drop may provide an opportunity for a small position to bet on a rebound.
Trend
Insufficient volume may limit upward space; it needs to break 0.237 to open up a bullish pattern, otherwise, it will continue to oscillate within the range.
Focus Points: #doge