Is DOGE/USDT About to Explode? Your Weekly Trading Guide Awaits! đ„Welcome, Binance Square traders! As of August 10, 2025, 01:52 PKT, the DOGE/USDT pair is making waves at $0.24303, up 6.6% with a trading volume of 349.98M USDT. With the market buzzing and technical indicators flashing green, letâs dive into a detailed trend prediction for the week (Aug 10 - Aug 17), daily outlook, and spot trading tips tailored for you!
Weekly Forecast (Aug 10 - Aug 17, 2025)
The weekly chart shows a promising upward trajectory, with the 20-day MA at $0.24396 and 44-day MA at $0.24399, closely aligning with the current price. The recent peak at $0.24676 is a key resistance level. If DOGE/USDT breaks and sustains above this mark, we could see a bullish run targeting $0.25 by August 17. However, a drop below the $0.22791 low could signal a correction. Keep an eye on volume (1.47B DOGE) as a confirmation metric.
Trading Tip: Set a buy order near $0.24185 with a stop-loss at $0.22791 for a potential 4-5% gain this week.
Daily Outlook (Aug 10 - Aug 11, 2025)
On the daily timeframe, the price is testing the $0.24185 support level, with the MACD showing a slight bearish divergence (-0.00018). The 5-day MA ($5,412.206) and 10-day MA ($4,261.839) suggest short-term stability. Expect volatility today, but a close above $0.24303 could push it toward $0.24676 by tomorrow. Watch for a volume spike to confirm the move.
Trading Tip: Day traders should consider a scalp trade between $0.24185 and $0.24566, targeting a quick 1-2% profit.
Spot Trading Strategy
For spot traders, the current price of $0.24303 offers a golden entry point. The RSI is neutral, and the Bollinger Bands indicate room for growth before overbought conditions. Place a buy order now with a target of $0.24676 and a tight stop-loss at $0.24161 to manage risk. If the trend holds, consider holding until mid-week for a potential 5% upside.
Engage with Us!
Whatâs your take on DOGE/USDT this week? Vote in our poll on Binance Square: Will DOGE hit $0.25 by Aug 17? Share your trades with #DOGEtoTheMoon!
Final Thoughts:
The DOGE/USDT market is heating up, and with the right strategy, this could be a profitable week. Stay updated, trade smart, and letâs ride this wave together! For real-time insights, keep checking Binance Square.
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