Technical Outlook: $DOGE Bulls Tighten Grip
Dogecoin (#DOGE ) is currently holding significantly above its 50-day Exponential Moving Average (EMA), which aligns closely with the 200-day EMA near $0.2075, creating a strong confluence support zone. The 100-day EMA at $0.2033 further reinforces this support cluster.
Key support levels to watch include:
$0.2200 (tentative support)
$0.2075 (EMA confluence support)
$0.1881 (buyer congestion zone tested on Sunday)
On the upside, critical resistance milestones are:
$0.2317 (tested on May 27)
$0.2594 (seller congestion zone tested on May 11)
$0.2871 (July peak)
The sustained positioning above these EMA supports suggests bullish control, with the next significant hurdles being the resistance levels outlined above.