The price is currently trading around $0.19–0.20, with a 24-hour range of $0.1888–0.1990 and volumes around $1.6 billion ($1.63 billion in 24h).
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🕰️ Technical overview (hourly timeframe):
Indicator Value What it means
EMA(7) $0.1927 nearest resistance
EMA(25) $0.1993 critical level upwards
EMA(99) $0.2053 strong ceiling
MACD hist negative bearish sentiment, weakness of the upward impulse.
RSI(6) ~57 neutral zone, no overbought condition
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📈 Market dynamics:
V-shaped recovery with a volume increase of +72% compared to the minimum — a positive signal.
Price breaking through $0.20 again — 'breakout of sentiment'; if volumes are maintained, growth to $0.25 is possible.
Without short volumes, a return to $0.1927–0.1888, and breaking below — support at $0.180–0.176.
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🧭 Trading plan:
Long: entry when closing above $0.1993 with a volume >1.6 billion; take profit at $0.2015, then $0.2053.
Dip-buy: purchase in the zone of $0.1927–0.1888; stop — slightly below $0.1888.
Short: if breaking below the support level — expect $0.180.
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⚠️ Risks:
Impact of public sentiment: Discord/Reddit/X discuss meme-token hype — it could be a backdrop for movement.
Geopolitics and global risk-off: Nasdaq and tech stocks correlate with DOGE — the current weakness of the tech sector may pull DOGE down.
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📌 Conclusion:
The main turning line — $0.1993 (EMA25).
Above — a chance for continued growth.
Below — a correction to $0.192–0.188 or lower is likely.
Watch the volume: stable interest is needed, otherwise there may be no trend.
Market situation is neutral-bearish, but with signs of a possible rebound.
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💬 **What do you think? **What are your targets: at the level of $0.20 or are you waiting for a deeper correction?
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#DOGE #cryptotrading #TechnicalAnalysis #DOGEUSDT #memecoin
