💡 Quick technical analysis:
✅ Strong rebound! After a sharp drop to the $0.16800 area, DOGE has seen a notable upward rebound towards $0.18035, clearly reflecting a return of buying momentum.
✅ RSI is positive! The Relative Strength Index (RSI) is at 61.08, still below the overbought zone (70), which means there is good room for upward movement before any major selling pressure!
✅ MACD is approaching a bullish crossover! The gap between the DIF and DEA lines has started to narrow, and if a positive crossover occurs, we may witness a sudden upward wave!
📊 Trading volumes are holding steady! With a short-term moving average MA(5) of over 31 million, this reflects ongoing interest from the market.
$DOGE
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🚀 Expected scenario:
If DOGE breaks the nearby resistance at $0.18293, we may see a new attempt to rise towards $0.18832 and then $0.19248!
In case of a correction, support around $0.17216 forms a strong area for rebound again.
$DOGE
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🔥 Is DOGE ready for a big jump?! With the current market recovery and increasing interest in meme coins, this could be a golden opportunity to enter before the surge! 🐕💰