Price Action Analysis: $DOGE USDT

Key Levels

Current Snapshot:

* DOGE Price: 0.23026 USDT

* Daily Change: -4.88% (Rs 65.5)

* 24h High: 0.24290 USDT

* 24h Low: 0.22239 USDT

Key Observations:

* DOGE is currently trading just below its MA(7) (0.23126), MA(25) (0.23524), and MA(99) (0.23270), indicating short-term bearish pressure and a struggle around these critical moving averages.

* The price has pulled back from a recent high of 0.24862.

* A strong support level was found around 0.22075.

What to Watch For:

* A quick rebound and close above all three moving averages (MA7, MA25, MA99) would signal renewed bullish momentum.

* Continued weakness could see a retest of the 0.22239 and 0.22075 support levels.

* Volume remains active, suggesting high interest in DOGE at these price points.

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