Technical analysis by btc.f about Symbol DOGE: Buy recommendation (2/2/2025)

btc.f

This chart seems to show the performance of Dogecoin (DOGE) against Tether (USDT) and the diagram is a technical analysis. Below are the key points: ### Chart key points: 1. ** Trend Line **:- The trend line reflects an upward or descending pattern. Here, price reactions around the line show that the price is testing the line. ** Channel **:- Prices suffer in a specific channel. If the price comes out of this channel, it may be an indication of the trend change. ** Price points **:- Current price: about 0.30100 (forecasting now)- Price target: 0.43000 seems to be a strong uptrend if the price approaches this goal. - Highest point: 0.12167- Lowest point: -0.05511 ### General Analysis:- ** The chart shows a recent descending motion ** that may refer to a correction or rest before the upward trend continues. This can be achieved if the trend line fails.- ** Trading volume ** also indicates market fluctuations and can affect analytics. ### Conclusion: If the price of DOGE fails to break the trend and exit the channel, it can move to 0.43,000. But if it continues to the downward path, it is necessary to pay attention to the points of support and possible failures.