On the current chart, the DOGE/USDT pair is showing a confident growth and is approaching an important resistance level. The price is now 0.14439 USDT, which is +2.09% higher in the last 24 hours! 📈
🔼 Growth potential:
If DOGE breaks the immediate resistance at 0.14975 USDT, we can expect further growth to 0.1550 USDT, and possibly to 0.1600 USDT. This scenario is supported by the growing trading volume and bullish sentiment. 🐂
🔽 Downside Potential:
If the price fails to hold and a pullback begins, important support levels will be 0.13816 USDT and 0.1350 USDT. With further correction, the price may fall to 0.1300 USDT. It is important to monitor market reversals. 🐻
🔍 Factors:
• Moving averages (MA) indicate a short-term possibility of a correction, but the overall trend remains upward.
• Trading volume indicates high interest: 2.32 billion DOGE in the last 24 hours! 💰
• RSI is not yet in the overbought zone, but is close to it, which may mean a temporary cooling before new growth. 📊
💡 My opinion:
In the short term, the price of DOGE may reach 0.1550 USDT, but a correction to 0.1350 USDT is possible in the coming days if the buying interest decreases. The current trend remains positive, but be prepared for fluctuations!
📈🚀 Be prepared! The crypto market is always full of surprises!$DOGE
