DOGE/USDT 12H techinal analysis:
- Price (0.2268) is just below EMA(5) & EMA(10) (both 0.23118), showing slight short-term weakness.
- RSI(14) ~50 is neutral, no strong momentum either way.
- StochRSI around 71, not yet overbought, so some room to move up.
- MACD is bullish with DIF > DEA, supporting upward bias.
- Recent low at 0.18845 and high at 0.25574 mark key support and resistance zones.
Trade plan:
- Entry: Around 0.220–0.225 area on signs of rebound.
- Take Profit (TP): 0.245–0.255 resistance zone.
- Stop Loss (SL): Below 0.215 to limit risk.
Looks like DOGE could bounce up but stay cautious near EMA resistance.
Lets do trade as per the above mentioned trade plan, i do hope you will be successful.
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