$1MBABYDOGE | 📊
The currency is currently moving within a range of fluctuations after a previous downtrend, with a phase of accumulation around the current levels. The price is close to its short-term moving averages, reflecting a state of hesitation among buyers and sellers.
Trading volumes remain relatively weak, indicating that the market is awaiting a signal or news to confirm the upcoming trend. If buying momentum returns and the nearby resistance is broken, we may witness a bullish rebound in the short term; however, if selling pressure continues, the fluctuation will remain the closest scenario.
📌 In summary: caution is required, and the upcoming trend is linked to confirming the breakout or continuing sideways movement.
What are your expectations for the upcoming movement? 📉📈
