🐶 Dogecoin Rebounds as Golden Cross Approaches 🐶

DOGE bounced 5.85% on Wednesday from the 100-day EMA ($0.2091) and now trades at $0.2227, up slightly on Thursday.

📈 Upside potential:

Targeting resistance at $0.2407 (last tested Aug 17).

A breakout could challenge the overhead trendline from the Dec 8 & Jan 18 peaks.

Surpassing this trendline would reinstate a strong bullish trend.

⚖️ Momentum signals:

MACD and signal line dip toward the zero line → bearish risk.

RSI at 50 stays flat → neutral outlook.

Golden Cross watch: 100-day EMA is close to crossing above the 200-day EMA, which could trigger a major buy signal.

📉 Downside levels to watch:

Break below 100-day EMA ($0.2091) → decline may extend to $0.1909 support (Aug 2 close).

👉 Will the Golden Cross ignite DOGE’s next big rally, or will resistance hold it back?

#Dogecoin #DOGE #writetoearn