$DOGE – Market Analysis 🚀✨

Current Market Status:

Price: $0.2242 USD (-7.88% in the last 24 hours)

Market Cap: $33.45 billion USD24h

Trading Volume: $1.39 billion USD

🔍 Technical Insights:

📈 Moving Averages: DOGE is trading below its 50-day and 200-day moving averages, indicating a bearish trend.

📉 RSI (Relative Strength Index): The RSI is at 38.00, suggesting neutral momentum with a potential lean towards oversold conditions.

📊 Trading Volume: A significant decrease in volume reflects waning investor interest.

🎯 Key Levels:

Support: $0.22

Resistance: $0.24

Dogecoin faces downward pressure as we enter 2025. The bearish moving averages and low RSI suggest caution. Monitoring the $0.22 support and $0.24 resistance levels will be crucial for anticipating DOGE's next move.