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DOGE/USDT, here is a concise technical analysis:

1. Price Action & Trend

· Current Price: $0.09260
· 24h Change: -6.47%
· The price is currently trading near the lower end of its daily range (24h Low: 0.09200). This indicates bearish momentum in the very short term.
· The price is sitting just above the Lower Bollinger Band (LB: 0.09208), suggesting the asset might be oversold or experiencing high selling pressure.

2. Bollinger Bands (20,2)

· Upper Band (UB): 0.09544
· Middle Band (BOLL): 0.09376
· Lower Band (LB): 0.09208
· Interpretation: The price (0.09260) is below the middle band and hugging the lower band. This often signals that the market is currently oversold. A bounce off the lower band could indicate a potential upward correction, while a break below the lower band would signal strong bearish continuation.

3. Parabolic SAR (SAR)

· Value: 0.09244
· Interpretation: The Parabolic SAR dots are above the current price (0.09244 > 0.09260? Correction: Actually 0.09244 is slightly below 0.09260). If the dots are below the price, it suggests a potential bullish reversal or support. However, given the overall negative daily change, it is likely acting as a support level to hold.

4. MACD (Moving Average Convergence Divergence)

· MACD Line: 0.00006
· DIFF (Fast MA): 0.00100
· DEA (Signal Line): 0.00106
· Interpretation: The MACD line is positive but sitting below the Signal line (DEA). This confirms a bearish crossover has recently occurred or is in effect. The histogram is likely negative or very flat, indicating that bearish momentum is currently dominating, though the momentum is weak (values are near zero).

Summary & Outlook

· Short-term Trend: Bearish. The price is down significantly on the day and is testing support levels.
· Key Support Level: **$0.09200** (24h Low) and the Bollinger Lower Band ($0.09208). If this breaks, the next support might be around $0.08992 (visible on the depth chart).
· Key Resistance Level: $0.09376 (Bollinger Middle Band). A move back above this is needed to suggest the selling pressure is easing.
· Momentum: Weak and bearish (per MACD).

Caution: The price is at a critical make-or-break point. Watch for a bounce off $0.09200 or a breakdown to new lows.$DOGE
DOGE-6,23%
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