DOGEUSDT recently experienced a strong bullish rally, breaking through key resistance levels and reaching a local high near 0.45 USDT. However, the price is currently consolidating, and technical indicators signal a potential pullback before the next leg upward. This idea will analyze key support/resistance levels, moving averages, and momentum indicators to outline bullish and bearish scenarios.DOGEUSDT remains in a long-term uptrend but is currently consolidating after hitting resistance at 0.45 USDT. A pullback to the 0.35 USDT zone (50 TEMA) could present a high-probability buying opportunity for bullish continuation. Disclaimer:
This analysis is for educational purposes only. Always perform your own research and manage risk appropriately.
Disclaimer
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.