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$DOGE /USDT – 1H Chart Analysis
Current Price: $0.11115 (+4.45% over 24h)
Key Levels:
· Resistance: $0.11180, then $0.11311
· Support: $0.10895, then $0.10687
Moving Averages (bullish alignment):
· EMA5: $0.11040
· EMA10: $0.10979
· EMA30: $0.10890
Price is trading above all three, confirming an uptrend.
RSI (overbought warning):
· RSI(6): 85.26 – severely overbought
· RSI(12): 74.73 – overbought
· RSI(24): 61.21 – still bullish
Volume: 1.19B DOGE (healthy, but not extreme)
Outlook:
The trend is clearly bullish, but short-term momentum is overheated. An RSI(6) above 85 often leads to a cooldown or pullback toward the $0.10895–$0.10687 zone.
Avoid chasing longs here. Better to wait for a dip or a clear breakout above $0.11180 with sustained momentum.
#JapanTokenizesGovernmentBonds