DOGE is on fire, currently trading at $0.2711 with a +12.76% daily gain! After weeks of sideways action, Dogecoin has rocketed out of consolidation, reclaiming bullish territory with strong volume and momentum.
The price recently touched a daily high of $0.2783, breaking through multiple resistance levels. DOGE is now aiming for a clean breakout above $0.2850, which could trigger the next major rally.
📊 Indicators Flashing Green:
RSI (6): At a scorching 96.06, DOGE is deep in overbought territory — signaling strong momentum, but caution is warranted.
MACD: Bullish crossover confirmed, with histogram expanding upward.
Volume: Massive spike in volume supports the bullish breakout.
Stochastic (KDJ): K = 82.93, D = 79.31, J = 90.17 — extremely bullish but nearing exhaustion levels.
📈 Key Levels:
Resistance: $0.2850
Support: $0.2254
🎯 Buy Zone: $0.2550 – $0.2650
🛡 Stop Loss: Below $0.2250
🎯 Target 1: $0.2780
🎯 Target 2: $0.2850 and higher
🔥 My Take: DOGE is in breakout mode. If price holds above $0.2550, bulls are clearly in control. A clean close above $0.2780 could open the door to $0.2850+. However, RSI is overheated — short-term pullbacks are possible. Trail your stop and ride the trend smartly!
👀 Watch closely — DOGE may be gearing up for a major leg up.