#Dogecoin‬⁩

Analysis (May 09, 2025):

Price: DOGE/USDT at 0.20343, up 6.59% (Rs57.24).

Support Levels: 0.18929 (24h low), 0.17280 (recent low).

Resistance Levels: 0.21450 (24h high), 0.21702 (nearby resistance).

Indicators:

EMA (9/21): 0.19734/0.18808, price above both, bullish trend.

MACD: DIF (0.00826) > DEA (0.00540), MACD (0.00285) positive, bullish momentum.

Volume: 54.1M, increasing, supports upward movement.

RSI: 57.24, nearing overbought (70)

caution advised

trend aligns with EMA/MACD.

Latest News: Trish Turner appointed Head of IRS Digital Assets Office (15m ago), may influence regulatory sentiment.

Advice:

Bullish trend with strong momentum.

Consider buying near 0.19 support,

target 0.21 resistance.

Watch RSI for overbought signals and news impact.