$DOGE Technical Indicators:

50-Day Moving Average: Indicates some slowdown in upward momentum.

200-Day Moving Average: Still on an upward path supporting the long-term trend.

Relative Strength Index (RSI): Ranges around 52, indicating a balance between buyers and sellers.

Candlestick Pattern: A bullish engulfing pattern was observed last week, supporting the likelihood of continued upward movement.

Technical Forecast:

First Resistance: $0.1800

Second Resistance: $0.1880

First Support: $0.1650

Second Support: $0.1500

If the price manages to break through the first resistance and hold above it, we may see a push towards $0.22 in the coming days, provided that positive trading volume continues.

Recommendation: Monitor price movements near support and resistance levels, and be prepared to make a decision based on breakout or rebound signals.

#️⃣ #DOGE

#️⃣ #Dogecoin

#️⃣ #Technical_Analysis

#️⃣ #Trading

#️⃣ #BinanceSquare

Note: This analysis is for educational purposes and does not constitute investment advice.