$DOGE

*Trade Setup:*

The price is in an Uptrend. It has broken above the resistance of $0.37 and also surpassed the last high, which is a positive sign. The price may seek the next resistance at $0.48. It is recommended to monitor for a price alert. It is worth noting the Dragonfly Doji pattern, which also gives a bullish reading. The long lower wick indicates that despite the selling pressure, buyers stepped in and closed the day unchanged. This suggests weakness on the part of the sellers as demand is being absorbed by the buyers.

*Chart Pattern:*

Resistance Breakout. When the price is above a resistance zone, it indicates that buyers have managed to absorb all the supply from the sellers at that level, allowing the price to continue its upward trajectory. After a resistance breakout, the next closest resistance zone becomes a target for the price.

*Trend:*

The short-term trend is strong bullish, the medium-term trend is bullish, and the long-term trend is also very strong bullish.

*Momentum:*

The momentum is Bullish, but may be changing. The MACD Line is still above the MACD Signal Line, but momentum may have peaked, as the MACD Histogram bars are declining, suggesting a loss of momentum may be imminent. Currently, the price is in a neutral region, based on the RSI-14 levels (RSI > 30 and RSI < 70).

*Support and Resistance:*

The closest support zone is $0.30, followed by $0.23. The closest resistance zone is $0.48, then $0.73.