STRONG BUY SIGNAL CONFIRMED
Last Price: $0.16201 (+1.97%)
Mark Price: $0.16202
Technical Indicators Show Clear Bullish Momentum
EMA Crossover:
EMA(7): 0.16188
EMA(25): 0.16170
EMA(99): 0.16166
Trend: Short-term EMA is above both the mid- and long-term EMAs, indicating strengthening upward momentum.
RSI (6): 78.64
RSI is in the overbought zone, but still rising, confirming strong bullish momentum. Monitor for any reversal signs if RSI falls below 70.
MACD:
DIF (0.00012) > DEA (0.00010)
MACD confirms increasing bullish pressure and potential continuation of the uptrend.
Price Targets
Short-Term (1H–4H): $0.16350 – a test of the 24-hour high
Breakout Target: $0.16500+ if volume surges beyond current levels
Stop Loss: Set at $0.16120, just below EMA cluster support
Action Plan
Buy Zone: $0.16150 – $0.16220
Take Profit: Scale out between $0.16350 and $0.16500
Stop Loss: Hard stop below $0.16120 to manage risk
Important Note:
Price is in a strong uptrend with technical support across major indicators. However, RSI is nearing peak levels—monitor for signs of exhaustion. Secure partial profits if RSI begins to fall below 70.
Stay alert $DOGE may be gearing up for a breakout move.