Dogecoin is currently trading around $0.22 to $0.24, with notable fluctuations over the past month
📊 Technical Analysis
Bullish Flag Pattern: Technical analyses indicate the formation of a 'bullish flag' pattern, which could lead to a 29% increase, bringing the price to around $0.31.
• Support and Resistance Levels:
• Support: Ranges between $0.212 and $0.214, with notable buying interest at these levels.
• Resistance: Located between $0.24 and $0.25; breaking through this range could push the price towards $0.26–$0.28.
• Whale Activity: The market witnessed a $40 million sell-off by major investors, which may limit short-term gains.
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