#DOGE DOGE Daily Report
Current Price: $0.17356 (+4.12%) | 24h Range: $0.16426 - $0.17438 | Volume: 614 million DOGE
Support/Resistance
Upper Resistance: Previous High $0.17438 | EMA89 ($0.19702)
Lower Support: EMA13/21 ($0.17209-0.17312) | Break below watch $0.164
Indicator Signals
• MACD: Slightly negative bar (-0.0005), limited bearish momentum, DEA/DIF in a stalemate, direction yet to be confirmed;
• RSI (6/12): Neutral to slightly bullish (53-56), but bullish momentum is mild;
• Volume: Active but not breaking key resistance, MA5/10 reducing volume, short-term may need to build momentum to break.
Trading Strategy
• Bullish: If it holds above EMA13 ($0.1731) can try long with light position, target previous high $0.1743, stop loss below $0.172;
• Bearish: If it breaks below $0.172, re-enter around $0.164, target $0.16;
• Key: EMA89 ($0.19702) is strong resistance, break must be confirmed with increased volume, otherwise maintain a range trading approach.
Focus Points: Give it a thumbs up #doge