Current Context (DOGE/BRL)
1. Current Price: R$2.0337 (+5.56% in the last 24h).
2. 24h Highs and Lows:
High: R$2.0761.
Low: R$1.9211.
3. Volume:
DOGE: 1.86 million.
BRL: 3.75 million.
4. Moving Averages (MA):
MA7 (yellow): R$2.0352 — current price in slight convergence.
MA25 (pink): R$2.0382 — below this average, indicating resistance in the short term.
MA99 (purple): R$2.0436 — reflects a long-term downtrend.
---
Chart Indicators
1. Recent Patterns:
The price formed a low at R$2.0316 and is testing this support again.
The movement suggests difficulty in breaking the resistance near the moving averages.
2. Current Trend:
In the short term, the price finds resistance at MA25 and MA99, which are above the current value.
MA7 is very close to the price, indicating indecision in the market.
3. Trading Volume:
The volume is low, which reinforces a possible lateralization or additional test of the supports before a new significant movement.
---
Support and Resistance
Immediate Support: R$2.0316 (recent low).
Resistance:
R$2.0352 (MA7).
R$2.0382 (MA25).
R$2.0436 (MA99).
---
Possible Scenarios
1. Bullish:
If the price breaks the resistance of the moving averages (MA7 and MA25), it may seek the region of MA99 (R$2.0436) and then the maximum of R$2.0761.
2. Bearish:
If it loses the support of R$2.0316, the price may retreat to the region close to R$2.0217 or even the 24-hour minimum (R$1.9211).
---
Conclusion
General Trend: Neutral to slightly bearish, depending on the buying strength in the next few hours.
Recommended Action:
Monitor the volume and wait for a clear break of the resistance (to buy).
If it loses the support, it may be interesting to evaluate an entry at lower values.
