📈 Market Summary

Dogecoin gained strength again after harsh sales pressure during the weekend. The crypto currency declined from $ 0.157 to $ 0.143 on Saturday and saw the lowest level of the week. However, this harsh decline encountered a strong procurement response of investors.

With the recovery that started on Sunday, the cost of Dogecoin increased by more than 7 %and rose to $ 0.153. This rise is considered as a technically significant recovery signal with the volume support in the early morning.

💹 Technical Analysis

Low levels: $ 0.143

High levels: $ 0.157

Support Level: $ 0.145

Resistance level: $ 0.155 - $ 0.158

Process Volume: 5 times the daily average

Hourly Summit: 10.7m Doge Process Volume at 05:11

Technical indicators show that the $ 0.145 level works as a strong support. The rise, which started from this level, created the potential to break $ 0.153 resistance with volume support. Indicators such as RSI and MACD also observed that the momentum turns positively.

🌐 Macro Factors

Uncertainty in global markets and geopolitical risks increase fluctuation in crypto beings. FED policies, interest expectations and inflation data directly affect investors’ decisions. In this environment, high -betting assets such as Dogecoin have the potential to both rapid decrease and harsh rise.

📊 Investor comments

Market analysts say that if Dogecoin exceeds $ 0.153, it can target $ 0.158 - $ 0.160 in the short term. However, the protection of $ 0.145 is critical in terms of the continuation of the trend if the downward prints increase.

📍 Result

After the end of the last week with high volatility, Dogecoin made investors a breath of comfort. This recovery, which is supported by volume, can be the beginning of a new wave of rise. However, in order for this scenario to maintain its validity, the price must maintain its position over $ 0.153.