#CryptoTrading. #Signal🚥.

📊Technical Analysis (1 hour) $DOGE /USDT

1. Price and Trend: The current price is 0.26469 USD with an increase of +9.43%. The chart shows an uptrend over the past few days, which is confirmed by the price moving above the moving average (MA) and a resistance breakdown at around 0.25242 (the middle Bollinger band).

2. Bollinger Bands (BB): The price is approaching the upper BB line (0.26382), which may indicate overbought conditions. However, the lack of a sharp rebound downwards does not yet confirm a reversal.

3. Volume: The increase in trading volume (1.033 trillion units) accompanies the price increase, which reinforces the strength of the upward movement.

4. MACD: The MACD and signal lines are in the positive zone, with a slight increase (MACD: 0.00103), indicating a continuation of the upward momentum.

5. RSI (Stochastic RSI): The value of 84.49804 indicates overbought conditions, which may warn of a possible correction in the near future.

6. Support and resistance: The nearest support is located at 0.25229 (previous resistance), and resistance is at 0.26382 (upper BB). In case of a breakdown of the upper limit, a test of 0.27047 is possible.

⚠️Conclusion: The trend is currently up, but the RSI indicators and the approach to the upper BB limit hint at a possible correction. It is recommended to monitor the volumes and support/resistance levels to confirm further movement.