Technical indicator
Relative Strength Index (RSI): The 4-hour RSI is approaching the neutral zone at 55.05, indicating modest bullish momentum. However, the daily RSI remains below 50, suggesting weak buyer pressure.
Moving Average Convergence Divergence (MACD): The 4-hour MACD is near a neutral crossover, with the MACD line and signal line close together, signaling indecision. A crossover to the upside could initiate a short-term move toward the $0.18 resistance.
Bollinger Bands: The bands are beginning to narrow again, with DOGE positioned just below the mid-band at $0.167. A break above the mid-line could bring a quick test of the upper band near $0.182, while a rejection keeps the lower band around $0.151 in play.
Exponential Moving Averages (EMAs): DOGE trades below all key EMAs: the 20 EMA at $0.169, 50 EMA at $0.181, 100 EMA at $0.192, and the 200 EMA at $0.205. Reclaiming the 20/50 EMA cluster is critical for any sustained bullish reversal.
