Trend: Dogecoin is also in an ascending channel (orange lines), indicating a possible bullish continuation.
Support: The green zone around 0.14–0.17 serves as support.
Resistance: The red resistance zone at 0.30 is a crucial level for Dogecoin. If price breaks above it, we could see further price action to 0.50.
Volume: Volume is increasing slightly, but it’s still not significant enough to confirm strong momentum.
Price Action: Watch for a bounce off the 0.14–0.17 support zone to target the red resistance level around 0.30. If the price breaks below support, the next target would be closer to 0.10.
Support: The green zone around 0.14–0.17 serves as support.
Resistance: The red resistance zone at 0.30 is a crucial level for Dogecoin. If price breaks above it, we could see further price action to 0.50.
Volume: Volume is increasing slightly, but it’s still not significant enough to confirm strong momentum.
Price Action: Watch for a bounce off the 0.14–0.17 support zone to target the red resistance level around 0.30. If the price breaks below support, the next target would be closer to 0.10.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.