[DOGE]
With both EMAs condition still in a Death Cross intersection, even though RSI(14) indicator is in the Neutral-Bullish level, this cryptocurrency has the potential to weaken toward its nearest support level.
Key Levels
1. Resistance. 2 : 0.10096
2. Resistance. 1 : 0.09931
3. Pivot : 0.09743
4. Support. 1 : 0.09578
5. Support. 2 : 0.09390
Tactical Scenario
Pressure Zone: If the price breaks down and closes below 0.09743, there is a potential pressure toward 0.09578.
Momentum Extension Bias: If 0.09578 is broken to the downside, the weakening may continue to 0.09390.
Invalidation Level / Bias Revision
The downside bias is restrained if DOGE strengthens and closes above 0.10096.
Technical Summary
EMA(50) : 0.09819
EMA(200): 0.09947
RSI(14) : 62.61
Economic News Release Agenda:
Tonight the United States will release the following economic data:
US - Advance GDP q/q - 20:30 WIB
US - Core PCE Price Index m/m - 20:30 WIB
US - Advance GDP Price Index q/q - 20:30 WIB
US - Personal Income m/m - 20:30 WIB
US - Personal Spending m/m - 20:30 WIB
US - Flash Manufacturing PMI - 21:45 WIB
US - Flash Services PMI - 21:45 WIB
US - New Home Sales - 22:00 WIB
US - Revised UoM Consumer Sentimen - 22:00 WIB
US - Revised UoM Inflation Expectations - 22:00 WIB
