🐕 Is $DOGE preparing for a rise? Latest technical analysis with today's indicators
Dogecoin has seen an increase of about 11–13% over the last 24 hours, trading at $0.2056 today. Attention is shifting to whether this is the beginning of a bullish trend.
✅ Current Technical Analysis:
Current Price: $0.2056
Near Resistance: $0.21–$0.22
Support: $0.18–$0.19
RSI Indicator: Leaning neutral – almost at 50
Trading volume has increased by about $3 billion (+11–13%) over 24 hours
✅ Influencing Factors:
Strong activity on X from large accounts regarding DOGE
Return of the meme coin wave to the forefront
Whale purchased nearly 20 million DOGE yesterday
🔚 Summary: Closing the price above the resistance of $0.21 may open the door for further increases toward $0.22+.
📩 What do you think? Will Dogecoin continue to rise or is it better to wait for a correction?
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