💡 Quick technical analysis:
✅ Strong rebound from the bottom!
After dropping to $0.16987, DOGE has made a notable rebound towards $0.17912, indicating that buying interest has begun to form at the strong support levels.
✅ Indicators are starting to improve!
RSI (6) at 42.46: still in a very safe zone, meaning there is plenty of room to rise before entering any overbought territory.
MACD is trending towards a potential bullish crossover: the gap between the lines is narrowing, and any positive crossover could spark a new wave.
✅ Relatively high trading volumes: over 36 million DOGE traded, with a gradual improvement in buying momentum.
$DOGE
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🚀 Expected scenario:
📌 If DOGE can break through the resistance at $0.18245, the doors may reopen to test levels of $0.200, and then perhaps return to the recent peak at $0.20672.
📉 In the event of a pullback, the area of $0.16987 serves as solid support that could provide a unique entry opportunity for smart followers.
$DOGE
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🔥 Is DOGE preparing for a surprise?!
The market seems to be calming down before a potential explosion. Patient traders may be in for a golden opportunity – will you be the one to ride the next surge? 🚀🐶