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$DOGE #WinGoldBarsWithGrowthPoints /USDT – 1H Chart Analysis
The current price is $0.10029, up 1.87% today.
On the 1H chart, the 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 already widening.
What I think: DOGE is bullish on the 1H after bouncing from the lowest level. Price remains above all WMAs. RSI(6) above 70 indicates a possible small correction or consolidation will occur soon. First resistance at $0.10238. Support is at WMA5 ($0.09927).
Bias: Bullish but short-term overbought. Expect a possible correction.