#CryptoTrading. #Signal🚥.

📊Technical Analysis (1 hour) $DOGE /USDT

1. Price and Trend: The current price is 0.23908 USD. The chart shows the price rising from the recent low (~0.20555) to the current level, which indicates an upward trend in the short term.

2. Bollinger Bands (20, 2): The price is approaching the upper limit (0.25633), which may signal overbought or a possible correction. The middle line (0.23469) serves as support.

3. Moving Averages (MA): MA(5) at 1.108 and MA(10) at 0.980 indicate an upward movement, the latter short-term MA is above the long-term one, which supports the bullish trend.

4. MACD: DIF (0.00738) and DEA (0.00755) are close, and MACD (-0.00017) is close to zero, indicating weak momentum. A reversal signal may be formed if DIF crosses DEA downwards.

5. Stochastic RSI: STOCHRSI (58.5914) and MASTOCHRSI (67.79156) indicate a neutral zone with an overbought tendency. A level above 70 may signal the need to sell.

6. Volumes: Increasing volumes (up to 813,383,179.0000) accompany the price increase, confirming the strength of the trend.

⚠️Conclusion: The short-term uptrend persists, but the approach to the upper Bollinger band and Stochastic RSI in the overbought zone may indicate a possible correction. It is recommended to watch for the MACD and support level (0.23469) intersection to confirm further movement.