📊 DOGE/USDC Analysis – May 18#DOGE
DOGE is showing early signs of a potential short-term breakout. After bouncing from a local low of 0.21085 USDC, it's now trading at 0.22091, up +1.04% in 24h. The 25-day MA (0.21610) just crossed above the price, while the 99-day MA (0.22457) acts as key resistance.
⏳ Next 24h Outlook:
If bulls push above 0.22250–0.22400 (congestion zone), DOGE may test 0.23000.
If rejected, expect support at 0.21600, with potential dip to 0.21200.
🔍 24h Volume: 93.9M DOGE
🔁 Momentum building, but needs a confirmed candle above 0.224 to enter strong uptrend.
📉 Risk: Low volume spike or BTC pullback could reverse gains.
🚀 Swing traders should watch for a break with volume. Scalpers may profit in the 0.215–0.224 range.
💬 What’s your DOGE target today? Comment below!👇
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⚠️ Disclaimer: This is my opinion and not investment advice. Always assess the risks and conduct thorough research before trading.