đ Dogecoin (DOGE) â Technical & Market Outlook
Current Price: ~$0.2368
Market Cap: ~$35.8B
24h Volume: ~$3.19B
Circulating Supply: ~150.46B DOGE
Dogecoin has shown renewed life in the past weeks, bouncing from the $0.14 zone to the mid-$0.23s, driven by whale accumulation and increased ETF speculation. The community remains strong, with continued hype from Elon Musk and growing discussions about DOGEâs role in payments.
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đ Technical Analysis
Trend Direction:
4H Chart: Bullish recovery after a steep correction, RSI ~55 suggests moderate upside momentum.
1D Chart: Consolidating after a strong rebound; key breakout level at $0.25.
1W Chart: Long-term bullish structure still intact, but trading sideways in a wide range between $0.14 and $0.48.
Support & Resistance:
đč Strong Support: $0.21â$0.20 (must hold to keep bullish momentum alive)
đč Secondary Support: $0.185
đž Immediate Resistance: $0.24â$0.25
đž Next Targets: $0.30 â $0.32â$0.45
Volume & Candlestick Signals:
Recent rallies show healthy buying volume spikes.
No major reversal wicks yetâbuyers still active.
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