DOGE is trading at $0.2539, pumping +5.60% in the last 24 hours and showing no signs of slowing down! After weeks of accumulation, Dogecoin has erupted above the critical resistance at $0.2140, triggering a powerful bullish breakout.
This rally has brought DOGE back near its previous high of $0.2597, with eyes now set on reclaiming and surpassing that level.
🔍 Indicators:
RSI(6) is at 94.69 — 🚨 extremely overbought! While this shows strong bullish momentum, caution is advised as a short-term pullback may occur.
MACD is aggressively bullish, with a wide gap forming between MACD and signal lines.
KDJ also confirms strong bullish control: K: 83.73 | D: 79.57 | J: 92.04
Volume has exploded, confirming high trader interest and strong buying pressure.
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📊 Key Levels:
Resistance:
$0.2597 (recent peak)
$0.2655 (next major target)
Support:
$0.2140 (breakout level)
$0.1883 (previous resistance turned support)
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🎯 Trade Setup:
✅ Buy Zone: $0.2400 – $0.2500
🛡 Stop Loss: Below $0.2140
🎯 Target 1: $0.2597
🎯 Target 2: $0.2655 and beyond
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🔥 My Take:
DOGE is riding a massive breakout wave with strong momentum. However, RSI above 90 suggests a pullback is possible before continuation. As long as price holds above $0.2400–$0.2140, the bullish structure remains intact. This could be a launchpad to retest $0.2655 or even higher levels in the coming days. 🐶🚀
Keep your eyes on volume and watch for consolidation candles!
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