Dogecoin Strong Reversal! Support at 0.185 Holds Steady, 20-Day Moving Average Breaks, Bullish Market Has Started!
Recently, Dogecoin has firmly established itself around 0.185, after previously worrying it would continue to decline, it made a beautiful turnaround! The 20-day moving average has been easily crossed, with the short-term trend completely flipping from bearish to bullish, and market sentiment has clearly begun to turn bullish.
Now all eyes are on the key price level of 0.245! This is not the first time this point has acted as a "roadblock"; it has been hit multiple times in history and has failed, along with the upper Bollinger Band being right at this level. Recently, the Bollinger Band has clearly widened, indicating that price fluctuations are about to amplify, and a significant move could be on the horizon!
Here’s the key—if we can break through 0.245 with a strong bullish candle on increased volume, then 0.285 or even 0.305 is not a dream! Looking even more aggressively, if market enthusiasm continues to brew, 0.35 could even be reached. But don’t rush in; the 0.245 level must break through with volume for stability. A false breakout could easily lead to a retracement, but once it confirms stability, this wave of market activity is definitely worth following!
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