💡 Quick technical analysis:
✅ Notable rebound! After a sharp drop to the support area at $0.16987, the price has rebounded strongly to currently reach $0.17821, indicating the entry of new buying liquidity.
✅ RSI at 65.23 – momentum is rising, and the price has not yet entered the overbought zone, leaving room for further upward movement!
✅ MACD reflects a positive beginning! The blue line has started moving above the orange line (DIF > DEA), with the first green candles appearing – a signal for the beginning of a potential upward trend.
✅ The stochastic indicator (K = 78.19, D = 73.83, J = 86.90) shows that we are approaching overbought conditions, but there is still momentum for further upward movement.
📊 Trading volume: A sudden jump in volume indicates increased interest at the support area – this often precedes a strong breakout.
$DOGE
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🚀 Expected scenario:
If DOGE manages to hold above the $0.1785 level and subsequently break above $0.1829 (the nearest resistance), we may see a rapid upward movement towards $0.1900 and then $0.1950.
In case of a pullback, the $0.1735 - $0.1698 area forms strong support, where buyers previously entered.
$DOGE
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🔥 Is DOGE about to take off?!
Accumulation at the lows, with positive technical indicators, opens the door for a potential upward wave. Will you be one of the first to ride the next DOGE wave? 🌊
