$DOGE ๐๐ Real-time analysis of DOGE | Dogecoin ๐๐
๐ Current price: $0.2366
๐ Today's range: $0.2300 โ $0.2417
๐ฐ Top news shaking the market now:
โก Powell's speech โ The US Federal Reserve
Hints at a potential interest rate cut, sparking a wave of optimism in the cryptocurrency markets ๐ and pushing DOGE to a strong increase of about 10%!
๐ Whale accumulation at lows
The largest investors are buying DOGE at every dip, indicating strong support and solid technical levels ๐ชโจ.
๐ Momentary volatility after the news
DOGE previously fell by 5.2% after optimistic economic data, but quickly regained strength โ .
๐ What to expect in the coming hour?
๐น Bullish scenario:
A clear breakout above the level of $0.240 โ $0.242 could drive the price towards $0.245.
๐น Bearish scenario:
If selling pressure escalates, strong support levels at $0.230 โ $0.228 will determine the expected bottom โฌ๏ธ.
๐ก Quick trading plan (momentary):
๐ฐ Buy (Long): at $0.237 โ $0.238
๐ฏ Take profit targets (TP): $0.242 โ $0.245
โ ๏ธ Golden tips:
Monitor trading volume, as it provides a strong indicator of upcoming moves ๐
Any move from the whales could change the direction immediately ๐
Risk management: Do not risk more than 1-2% of your capital on each trade
โจConclusion:
DOGE is currently in a neutral oscillation state with upward tendencies. The golden opportunity for momentary speculation is present, and avoiding excessive risk-taking is the key to success ๐ก๐
