#CryptoTrading. #Signal🚥.

📊Technical Analysis (1 hour) $DOGE /USDT

1. Price and Trend: The current price is 0.24311 USD, down 2.93%. The chart shows a correction after the increase, but the overall trend remains bullish, as the price is above the moving averages (MA5: 0.706907, MA10: 0.633183).

2. Bollinger Bands (BOLL): The price is close to the midline (MB: 0.24451), but below the upper band (UP: 0.25973), which may indicate a possible continuation of the correction or consolidation.

3. MACD: DIF (0.00307) and DEA (0.00437) show a negative MACD value (-0.00130), which signals a weak bearish moment. However, the divergence is small, which may indicate the absence of a strong reversal.

4. RSI (Stochastic RSI): The values of STOCHRSI (10.96550) and MASTOCHRSI (17.43426) indicate that the asset is in the neutral zone, but is approaching the oversold state, which may signal a possible rebound.

5. Volume (Volume): The increase in volume (110,716,677) accompanies the recent price movements, which reinforces the significance of the current correction.

⚠️Conclusion: Currently, a short-term correction is observed within the framework of the long-term bullish trend. It is recommended to monitor the support level near 0.22415 and the resistance at 0.25973. If the RSI enters the oversold zone (< 30), this may be a signal to buy.