Dogecoin🐶 is currently oscillating around $0.23📉, as if it's holding its breath, preparing for a big move💥! The price is trapped between the 100-day and 200-day moving averages, with short-term moving averages also clustering nearby📊, forming a compressed area.
If it breaks below $0.22, it may fall back to $0.20, the previous accumulation bottom⚠️; but if it stabilizes above the 200-day moving average and breaks through the $0.24-$0.25 resistance level, the bulls may push towards $0.28 or even higher🚀. The RSI is neutral at 45, indicating that the market could move in either direction at any time⚖️.
In simple terms: Dogecoin is like the calm before the storm🌩️, the next big momentum will depend on which side breaks first📈💥, traders please keep a close watch! #Dogecoin