$DOGE
Current Price
R$2.0594, with an increase of +3.32% in the last 24 hours.
High in the last 24h: R$2.0862.
Low in the last 24h: R$1.9785.
Moving Averages (MA)
1. MA7 (short term): R$2.0573.
The price is aligned with the 7-period moving average, indicating a slight consolidation in the short term.
2. MA25 (medium term): R$2.0434.
The price is above this average, which suggests a slight uptrend.
3. MA99 (long term): R$2.0775.
This average acts as a resistance at the moment, with the price testing this region.
Support and Resistance
1. Support:
Immediate support at R$2.043 (MA25).
Strongest support at R$1.978, which is the recent low.
2. Resistance:
Immediate resistance at R$2.0862, the high of the last 24 hours.
Main resistance at R$2.12, above MA99, which must be broken to confirm a stronger uptrend.
Indicators
1. Volume:
The volume of the last 24 hours is 1.30 million DOGE, equivalent to R$2.66 million.
The moderate volume indicates that the asset is gaining some interest, but still without significant strength.
2. Order Book:
67.25% of sell orders: The market still shows greater selling pressure.
Trend
Short term: Consolidation, with a slight uptrend.
Medium term: Moderate rise, but the price needs to break resistance to gain strength.
Long term: Still within a resistance testing zone, without confirmation of a sustainable upward trend.
Conclusion
Entry: It may be interesting at R$2.043 - R$2.050, close to support, if the price shows rejection in falling below this zone.
Stop Loss: It is recommended to position below R$1.978, protecting against greater losses.
Take Profit Target: First target at R$2.0862, and a second at R$2.12, if the volume increases and the asset breaks resistance.
The DOGE/BRL asset is in a testing phase, with the market observing resistance at R$2.08. Pay attention to the volume and behavior, volume close to resistance.
#doge #