๐๐ข๐๐๐๐ข๐๐ก ๐๐ข๐๐๐ฆ ๐ฆ๐ง๐๐๐๐ฌ ๐๐๐ ๐ ๐ข๐ฉ๐ ๐๐๐๐๐ ๐๐๐ข๐ฉ๐ $๐ฌ.๐ญ๐ณ๐ญ๐ฒ?
Dogecoin (DOGE) is showing signs of strength again โ trading around $0.165, despite recent price dips. While the market remains indecisive overall, DOGE is holding up well after bouncing from the $0.1427 low.
๐ DOGE Market Snapshot:
Price: $0.165
24H Change: 0.19%
7D Change: 3.95%
Market Cap: $24.64B
Volume (24H): $882.9M
โ Key Signals for Traders
DOGE is now battling resistance at $0.1716. If bulls push through, the next short-term target is $0.1785.
๐ Support Zones:
Primary: $0.1617
Backup: $0.1595
๐ Resistance Zones:
Immediate: $0.1716
Next target: $0.1785
The 4-hour Bollinger Bands are tightening, which often hints at a volatile breakout ahead. The RSI is currently at 57, showing moderate bullish strength โ buyers are active, but the market is not overbought.
๐ What Happens Next?
If DOGE closes above $0.1716 with strong volume, expect a run toward $0.1785, possibly higher if momentum builds.
But if DOGE breaks below $0.1617, it could retest $0.1595, though this would still keep its overall uptrend intact no major danger unless it loses $0.155.
๐ On-Chain Activity Backs the Bulls
Active Wallets Are Rising: Data from Santiment shows a steady increase in DOGE wallet activity since June 21 new users, new trades.
Social Buzz Is Back: Mentions of Dogecoin are rising across platforms like X (Twitter), often a sign of rising speculation.
These two trends wallet growth + social chatter usually act as early signals before a price move.
๐ง What Traders Should Watch
โก๏ธ A breakout above $0.1716 could be the spark for a new short-term rally
โก๏ธ Keep an eye on volume no strong breakout happens without it
โก๏ธ Monitor on-chain trends if wallets and mentions keep rising, DOGE may gain momentum quickly
โก๏ธ If price dips, watch $0.1595โ$0.1617 thatโs the support zone to hold the structure