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#DOGE#
🐕DOGE fell from $0.26 on August 14, reaching the 20-day moving average ($0.22). This trend indicates that bears are active at high levels, but bulls are still actively supporting at low levels.
Bullish Perspective
DOGE has found support at the 20-day moving average, indicating strong dip buying. If buyers successfully push the price up and maintain it above $0.26, the next target will be $0.29.
Once it breaks through and closes above $0.29, DOGE may ignite a new round of rally, targeting $0.35.
Bearish Perspective
If DOGE fails to hold the moving average support and experiences a decline, the price may continue to fluctuate within the range of $0.14 to $0.29.
🎯Key Observations
Support: 0.22 → 0.14
Resistance: 0.26 → 0.29 → 0.35
Trend signal: Bullish if closing is above $0.29; consolidation continues if it breaks below $0.22.