Technical analysis by AlfonsoMoreno about Symbol DOGE: Buy recommendation (6/3/2025)

AlfonsoMoreno

Dogecoin (DOGE) is showing another major bullish signal!After bouncing from the key weekly demand level at $0.151 mentioned in a previous supply and demand crypto analysis, DOGE coin is now approaching a new daily demand imbalance at $0.18035—a level where buyers have historically stepped in aggressively.Why This Matters:Strong Reaction Expected: Similar imbalances on other altcoins have led to sharp upward moves.Long-term weekly imbalance: The weekly demand level is playing out very well.Dogecoin (DOGE), the world’s favourite meme cryptocurrency, is trying to reach a critical weekly demand level at $0.151—its strongest daily demand zone in a long time! This presents a prime buying opportunity, especially for crypto beginners looking to enter the market.Check the previous DOGE analysis from a few weeks ago.