🐾 $DOGE /USDT Market Update – January 26, 2025 🐾
🚀 DOGE Price: $0.32366 (-9.05%)
📉 24H Low: $0.32230
📈 24H High: $0.35595
📊 24H Volume: 1.07B DOGE (~$361.53M)
$DOGE Dogecoin, the iconic Proof-of-Work (PoW) meme coin, has seen a sharp decline of 9.05% in the past 24 hours, testing its critical support at $0.322. The heightened selling pressure follows broader market trends, but DOGE continues to show resilience with active community support.
🔍 Key Technical Indicators:
MACD: Confirming bearish momentum but nearing potential stabilization.
RSI: Deep in oversold territory, signaling a possible recovery.
Bollinger Bands: Price nearing the lower band, indicating potential volatility.
Support: Strong at $0.320; a breakdown could lead to $0.310.
Resistance: $0.330 and $0.340 are key levels for bullish recovery.
💡 Trading Tip: Traders should watch for a bounce near $0.320. A rebound could push DOGE back toward $0.330-$0.340, while failure to hold may lead to further downside. Volume trends will be critical in gauging momentum.
📣 Community Vibes: Dogecoin remains a favorite for its passionate community and adoption in payments and tipping systems. Long-term holders continue to believe in its staying power.
📈 Target Price: $0.330 - $0.340 in the short term
Trade smart, stay updated, and always DYOR!