The price of DOGE is witnessing a narrow sideways movement with a slight increase of +0.87%, currently trading at $0.22761, after reaching a daily high of $0.23216 and a low of $0.21965.
🔍 Technical Indicators:
RSI = 44.56 → in the neutral zone, indicating a balance between buying and selling forces, with a slight upward tendency.
MACD is slightly negative (DIF = -0.00019, DEA = -0.00010), but very close to the zero line, which may indicate an approaching positive reversal.
Trading volume is average and stable, without strong surges currently.
Stochastic K = 39.54 / D = 31.74 → gives potential entry signals as K moves above D.
📈 Recommendation:
Good buying area: between 0.224–0.226 if it holds above support.
Target One (TP1): 0.232
Target Two (TP2): 0.238
Stop Loss (SL): 0.219
🔔 Note: The price is approaching the daily average price (AVL = 0.22808), which means that exceeding this level may lead to a strong upward movement if supported by volume and momentum.
💬 Summary: DOGE shows signs of stability after short-term fluctuations, and it appears to be preparing for a strong upcoming move. Monitoring is essential for breaking the daily resistance. A good opportunity for short-term speculation with a tight stop-loss.
