DOGE Daily Analysis

Market Background

DOGE current price is $0.212, with an intraday decline of -2.52%. After falling below the $0.22 level, it continues to face pressure. The candlestick has touched near the 20-day moving average (about $0.219), and currently, bulls and bears are battling at the key support level.

Bullish Perspective

DOGE has found support in the $0.21-$0.22 range. If buying pressure can hold, there will be an opportunity to push the price higher.

Primary Target: $0.23-$0.24

Strong Breakthrough: If it stabilizes and breaks above $0.25, it is likely to challenge the resistance levels of $0.27-$0.29.

Bearish Perspective

If DOGE fails to hold the support around $0.21, the probability of further declines is high:

Downside Potential: May drop to $0.20 → $0.19

In extreme cases, it may test the lower Bollinger Band support at $0.18-$0.185.

Key Observation Points

Support Levels: $0.21 → $0.20 → $0.18

Resistance Levels: $0.23 → $0.25 → $0.29