Dogecoin (DOGE): Potential for Further Decline or Rebound
🔥 Potential Price Targets:
🩸 Near-term Goal: $0.3463 (1–2 months)
🩸 Long-term Goal: $0.2418 (3–5 months)
🔥 Dogecoin's Strategy:
🩸 Short: Below $0.3463, targeting $0.2418. Weakening momentum and potential breakdown could push the price lower.
🩸 Long: Above $0.3463, targeting $0.3800 and $0.3959. A bullish reversal is needed for sustained upward movement.
🔥 Dogecoin's Commands:
🩸 Resistance: $0.3959 — Key resistance level to watch; bulls must break above this to target $0.40 and beyond.
🩸 Support: $0.2418 — A crucial level for buyers to defend; breaking below this could lead to a deeper decline.
With the current MACD showing weakening momentum and price facing resistance near $0.3959, a further drop to $0.2418 is possible. However, a break above $0.3463 could signal a recovery toward higher targets.
👑 "In the world of crypto, the battle is between patience and precision. Choose your moment wisely." — FinCaesar
🩸 Near-term Goal: $0.3463 (1–2 months)
🩸 Long-term Goal: $0.2418 (3–5 months)
🔥 Dogecoin's Strategy:
🩸 Short: Below $0.3463, targeting $0.2418. Weakening momentum and potential breakdown could push the price lower.
🩸 Long: Above $0.3463, targeting $0.3800 and $0.3959. A bullish reversal is needed for sustained upward movement.
🔥 Dogecoin's Commands:
🩸 Resistance: $0.3959 — Key resistance level to watch; bulls must break above this to target $0.40 and beyond.
🩸 Support: $0.2418 — A crucial level for buyers to defend; breaking below this could lead to a deeper decline.
With the current MACD showing weakening momentum and price facing resistance near $0.3959, a further drop to $0.2418 is possible. However, a break above $0.3463 could signal a recovery toward higher targets.
👑 "In the world of crypto, the battle is between patience and precision. Choose your moment wisely." — FinCaesar
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.