$DOGE /USDT Technical Analysis & Market Outlook

DOGE/USDT is currently trading at $0.14034, reflecting a 1.20% increase over the last 24 hours. The 24-hour high is $0.14319, with a low of $0.13312. The key moving averages are as follows: MA(7) at $0.14010, MA(25) at $0.13863, and MA(99) at $0.14141.

Market Outlook

DOGE is trading near its MA(7), indicating short-term bullish momentum. A breakout above the 24-hour high of $0.14319 could propel the price toward $0.14926. However, the $0.14141 (MA(99)) level is acting as resistance, and a failure to break it may lead to consolidation or a retest of the support at $0.13312.

The $0.13863 level (MA(25)) provides intermediate support, and staying above this level will be important to sustain upward movement. Traders should watch for a clear breakout above $0.14319 or a pullback below $0.13863 to gauge the next direction.

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