$DOGE Tonight Immediate target:
For a short-term target for DOGE by tonight, let’s consider the immediate resistance and support levels based on the current momentum:
1. Immediate Resistance Levels:
$0.4160: This recent high is the first major resistance. If DOGE can break above this level with good volume, it could target higher levels.
$0.43–$0.45: This range is a likely target if the breakout continues above $0.4160, as it's both a psychological level and an area where traders might start taking short-term profits.
2. Support Levels:
$0.38: This level should provide immediate support if there is a pullback, as it aligns with the EMA (7) line.
$0.34–$0.36: This zone could act as a stronger support area if DOGE faces a larger dip, as it’s near the EMA (25) line.
Possible Scenarios for Tonight:
Bullish Scenario: If DOGE breaks above $0.4160, a move toward the $0.43–$0.45 range is possible.
Bearish Scenario: If DOGE fails to break resistance or sees profit-taking, it may pull back toward $0.38 or even down to the $0.34–$0.36 support area.
Watch for volume confirmation and the behavior around the $0.4160 resistance. If buying momentum slows, it might indicate a pullback or consolidation before the next move.
