Technical analysis by vahidzamani67 about Symbol DOGE: Buy recommendation (3/18/2025)

vahidzamani67

Dogecoin (DOGE) Hi guys ### Key Observations: 1. **Price Action:** - Current price: **0.16358 USDT**. - Projected price movement indicates a potential upward trend toward **0.42232 USDT**. 2. **Supply and Demand Zones:** - **Demand Zone (green box):** Indicates areas where buyers might step in, increasing the price. - **Supply Zone (red box):** Represents areas of potential selling pressure, causing resistance. 3. **Trading Tools & Indicators:** - Labeled as **FluidTrades - SMC Lite 10 20 2.5**, suggesting a strategy based on Smart Money Concepts (SMC). - Points of Interest (POI) are highlighted, likely indicating critical levels for price reaction. 4. **Market Sentiment:** - The terms "BUY" and "SELL" prices suggest a current spread, with the price slightly above the equilibrium level. This chart provides a detailed framework for predicting Dogecoin's price action, catering primarily to technical traders. The marked zones and projected trend offer clues on potential market behavior. Let me know if you'd like a deeper dive into any of these aspects!