Technical Analysis of DOGE/USDT$DO
🚀Current Price Action:
DOGE $DOGE is trading at $0.23036, up 3.13%. The price is above key EMAs (7, 25, 99), indicating short-term bullish momentum. The 24h range ($0.22263-$0.23813) shows volatility, with resistance near $0.23465-$0.23916.
🔎Indicators:
RSI(6) at 54.9: Neutral, leaning slightly bullish. No overbought/oversold signals.
MACD Negative:
DIFF below DEA, but the histogram is minimal (-0.00007), suggesting weak bearish momentum.
EMA Alignment:
Price above all EMAs (7 > 25 > 99) supports a bullish trend if sustained.
📉📈Key Levels:
Support:
$0.22566 (EMA 25) and $0.22116 (psychological level).
Resistance:
$0.23465 (recent high) and $0.23916.
✅Volume:
High 24h volume (426.86M USDT) confirms interest. Break above $0.23465 with volume could target $0.23916+.
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Conclusion:
Bullish bias if price holds above EMAs. Watch MACD for crossover and RSI for strength. Tight stop-loss below $0.22566 for longs.
