📈 DOGE Technical Signal – May 10, 2025
Current Price: $0.223
Entry Zone: $0.215 – $0.225
Take-Profit Targets:
• TP1: $0.255
• TP2: $0.290
• TP3: $0.350
Support Levels:
• S1: $0.200
• S2: $0.178
Resistance Levels:
• R1: $0.255
• R2: $0.290
• R3: $0.375
📊 Technical Indicators
• RSI (4H): 78 (Overbought – high chance of short-term correction)
• MACD: Bullish crossover confirms ongoing momentum
• Volume: Strong spike – confirms breakout strength
📰 Market Outlook
DOGE has broken out of a long-term diamond bottom pattern, supported by massive volume and bullish momentum. Social media hype, correlation with tech stock rallies, and ETF speculation have created an ideal setup for continuation—though RSI suggests short-term caution.
If DOGE holds above $0.20, the path toward $0.29 and beyond remains open.
⚠️ Risk Management
• Stop-Loss: $0.195
• Risk Level: Moderate
• Position Size: Max 1–2% of portfolio
Note: Always monitor for volatility. Reassess if price breaks below support.
