DOGE/USDT just blasted up to $0.22073 on Binance, posting an impressive +8.71% daily gain! After consolidating near $0.195, Dogecoin has reignited bullish momentum and is now pushing toward a key resistance zone.
The RSI is surging at 84.45 โ indicating powerful momentum but also signaling overbought conditions. Meanwhile, the MACD is bullish (MACD: 0.00127) with a clean crossover, suggesting that momentum is still in favor of buyers.
Volume is climbing steadily, and the price is trading well above the 5-day and 10-day MAs, confirming trend strength. If bulls push past $0.2239, DOGE could be looking at a fresh leg higher.
๐ Key Levels:
Resistance: $0.2239
Support: $0.1955 โ $0.1815
๐ฅ My take: DOGE is on fire! But with the RSI heating up, we could see some short-term profit-taking. A clean breakout above $0.2239 could trigger another rally โ just watch for volume confirmation.
The DOGE hype is alive again โ will it keep barking higher or take a breather? ๐ถ๐