Attempts to recover $DOGE after a sharp sell-off..... The price of $DOGE is trading at $0.22781, registering a slight decline of 0.30% over the day after bouncing back from its lowest point in 24 hours at $0.21578. This rebound follows a strong sell-off from its recent high of $0.25574, as buyers have returned to defend the key support level. Market Overview (One Hour Chart) Trend: Gradual recovery after a sharp decline, showing stability above $0.2220. Support levels: $0.2220 (Short-term), followed by $0.2158 (Major). Resistance levels: $0.2315 immediately, then $0.2380. Buy orders: 62.10% Sell orders: 37.90% The flow of orders is leaning towards the upside, indicating that buyers are regaining control, despite the continued appearance of bullish momentum. Trading Predictions Bullish scenario: A sustained breakout above $0.2315 could target the range of $0.2380-$0.2420. Bearish Scenario: A drop below $0.2220 may lead to a retest of the support level at $0.2158. Risk Management: Due to the volatility of the Dodge Charger stock, traders should use tighter stop-loss levels near $0.2210. Summary The Dodge Charger arrow shows early signs of recovery, with market sentiment leaning towards the upside. A break above the $0.2315 level could confirm further upward movement, but sellers still pose a threat if the price falls below the main support level #BTC Hits New ATH #Circle Launches ARC #Stablecoin Supply Tops $270B #Tariff Issue New Update .
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#DOGE
Attempts to recover $DOGE after a sharp sell-off.....
The price of $DOGE is trading at $0.22781, registering a slight decline of 0.30% over the day after bouncing back from its lowest point in 24 hours at $0.21578. This rebound follows a strong sell-off from its recent high of $0.25574, as buyers have returned to defend the key support level.
Market Overview (One Hour Chart)
Trend: Gradual recovery after a sharp decline, showing stability above $0.2220.
Support levels: $0.2220 (Short-term), followed by $0.2158 (Major).
Resistance levels: $0.2315 immediately, then $0.2380.
Buy orders: 62.10%
Sell orders: 37.90%
The flow of orders is leaning towards the upside, indicating that buyers are regaining control, despite the continued appearance of bullish momentum.
Trading Predictions
Bullish scenario: A sustained breakout above $0.2315 could target the range of $0.2380-$0.2420.
Bearish Scenario: A drop below $0.2220 may lead to a retest of the support level at $0.2158.
Risk Management: Due to the volatility of the Dodge Charger stock, traders should use tighter stop-loss levels near $0.2210.
Summary
The Dodge Charger arrow shows early signs of recovery, with market sentiment leaning towards the upside. A break above the $0.2315 level could confirm further upward movement, but sellers still pose a threat if the price falls below the main support level #BTC Hits New ATH #Circle Launches ARC #Stablecoin Supply Tops $270B #Tariff Issue New Update .