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11.9 DOGE market analysis
After experiencing a wave of increases, DOGE is now fluctuating and adjusting at a high level. The price has been under some pressure to move down after reaching near the upper Bollinger Band, but key technical indicators still show that the bulls are stronger. Overall, the short-term outlook leans towards "neutral to bullish," with a focus on whether it can stabilize at the high level or break through.
Although the current price has slightly pulled back, it is still far above the middle line of the Bollinger Bands, and has been running between the middle line and the upper line, indicating that the overall upward trend has not been broken. This pullback seems more like a normal retracement after a breakout, or a way to allow those who made profits earlier to realize their gains and digest the pressure.
Support levels can be focused on the range of 0.1650 - 0.1555, while key resistance levels are near 0.1841 - 0.18877.
In terms of operational suggestions, 0.1763-0.1753 DOGE
Target looks at 0.1840-0.1820