๐ DOGE: IS IT RECOVERING STRENGTH OR IS IT JUST A BOUNCE?
After the memecoins post, several people asked to analyze $DOGE , SHIB, and PEPE separately.
So weโre starting with DOGE ๐
๐ 1. VOLUME
DOGE is moving around US$1,000M per day, a sign that it still has plenty of activity in the market.
๐ 2. TREND
In the last sessions, DOGE has been trading around US$0.094โ0.098. The price needs to show continuity to know whether weโre looking at something more than just a bounce.
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๐งฑ 3. KEY LEVELS
๐ Area to watch: US$0.098โ0.100
โ ๏ธ Lower area: around US$0.092โ0.093
A breakout accompanied by volume would be a different signal than simply touching those levels.
๐ฅ WHATโS INTERESTING
DOGE is still one of the memecoins with the highest market cap and liquidity, but that doesnโt automatically mean it will go up.
The real challenge is to distinguish between movement with real participation and simple noise.
๐ What are we analyzing next?
๐ $DOGE โ will the move continue?
๐โ๐ฆบ $SHIB โ is it losing strength?
๐ธ $PEPE โ can it recover momentum?
Comment which one you want for the next analysis.
After the memecoins post, several people asked to analyze $DOGE , SHIB, and PEPE separately.
So weโre starting with DOGE ๐
๐ 1. VOLUME
DOGE is moving around US$1,000M per day, a sign that it still has plenty of activity in the market.
๐ 2. TREND
In the last sessions, DOGE has been trading around US$0.094โ0.098. The price needs to show continuity to know whether weโre looking at something more than just a bounce.
Investing.com Espaรฑol
๐งฑ 3. KEY LEVELS
๐ Area to watch: US$0.098โ0.100
โ ๏ธ Lower area: around US$0.092โ0.093
A breakout accompanied by volume would be a different signal than simply touching those levels.
๐ฅ WHATโS INTERESTING
DOGE is still one of the memecoins with the highest market cap and liquidity, but that doesnโt automatically mean it will go up.
The real challenge is to distinguish between movement with real participation and simple noise.
๐ What are we analyzing next?
๐ $DOGE โ will the move continue?
๐โ๐ฆบ $SHIB โ is it losing strength?
๐ธ $PEPE โ can it recover momentum?
Comment which one you want for the next analysis.
