Dogecoin has broken through the 0.17 mark. Can it return to its previous peak? #Dogecoin‬⁩

Price Fluctuations and Short-term Trends

Support and Resistance: DOGE recently fell below $0.1750 and $0.1700, reaching a low of $0.1646, but then rebounded above $0.1680. The current key resistance levels to watch are $0.1755 and $0.1800, and breaking through these may further challenge $0.1850 or even $0.2000.

Technical Indicators: MACD shows that bearish momentum is weakening, and RSI has risen above 50, indicating that short-term buying power is increasing. If the price stabilizes above the 100-hour moving average (around $0.1680), it may consolidate a bullish trend.

Short-term Strategy

Breaking through $0.1800: Consider trying to go long, with a target of $0.20; if it faces resistance and falls back, be cautious of a pullback to the $0.1680 support.

Falling below $0.1650: It is advisable to stop-loss and wait, to guard against further declines to $0.1550.