💡 Quick technical analysis:
✅ Double bottom? DOGE has touched the level of 0.16202 almost twice, which may indicate the formation of a solid support base!
✅ The Relative Strength Index (RSI) is at 24 – in the oversold zone! This reinforces the likelihood of a price rebound soon.
✅ Momentum is in a waiting state! The convergence of MACD and DEA lines suggests a potential positive crossover that could ignite an upward move $DOGE
🔥 ✅ Significant trading volume (Vol): Continued activity reflects traders' interest in these areas.
📊 Technical indicators:
RSI(6): 24.00 = Clear oversold zone!
MACD: -0.00008 = Potential bullish crossover soon.
The MA(5) and MA(10) averages are very close = a waiting phase before a big move.
🚀 Expected scenario:
If DOGE breaks the current resistance level of 0.16412 and closes above it firmly, we might see a quick target at 0.17 then 0.189 – however, if it breaks downward, the 0.162 area may retest itself as a final support level.
$DOGE
🔥 Is DOGE ready to take off?! As momentum indicators approach reversal and the price is at a potential bottom, the next move could be swift and surprising! Are you ready to ride with the first green candle? 🚀🐶
📢 Share your opinion! Do you see $DOGE about to break 0.17 soon? 👇