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$DOGE /USDT – 1H Chart Analysis
Price is at $0.10029, up 1.87% today.
On the 1H chart, price is trading above all three WMAs. WMA5 at $0.09927, WMA10 at $0.09878, WMA20 at $0.09867. Bullish structure confirmed.
Resistance: $0.10238 then $0.10458. Support: $0.09797 then $0.09650.
RSI(6) at 76.4 – overbought. RSI12 at 59.4, RSI24 at 50.9. Short-term momentum is strong but extended.
What I think: DOGE is bullish on 1H after bouncing from lows. Price is holding above all WMAs. RSI(6) above 70 suggests a small pullback or consolidation could happen soon. First resistance is at $0.10238. Support sits at WMA5 ($0.09927).
Bias: Bullish but overbought short-term. Expect possible pullback.
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