When talking about meme coins in the crypto market, Dogecoin ($DOGE) cannot be left out. According to the recently shared chart, an interesting technical setup is visible on the 1-month (1M) timeframe chart of DOGE/USDT.
Current Price Action: According to the chart, Dogecoin is currently trading in the range of 0.07913 USDT.
LHistorical Movement: Looking at the past years' data on the chart, $DOGE has touched high levels from 0.00113 up to 0.73995.
Support & Rebound Zone: Based on the moving averages and the green arrow, it is estimated that a new momentum may build in the market at the current price level.
Trader's View:
Expressing his thoughts on this occasion, Zia Uddin said:
l am going to catch some DOGE from here... I think it's a perfect time to buy DOGE coin...
If you also intend to do long-term or swing trading in the crypto market, this zone could be a good research point for you.
