9.29 Noon Dogecoin Analysis
From the 1-hour chart technical analysis, the current MACD indicator has released a clear bullish signal, with three core characteristics:
1. The indicator histogram has completed the critical switch "from negative to positive", marking a decline in bearish momentum and the official start of bullish strength;
2. The MACD value continues to stabilize above the signal line, with short-term upward momentum showing a stepwise increase, indicating clear trend continuity;
3. The indicator has formed a standard golden cross pattern, which is a classic bullish signal in technical analysis, further reinforcing short-term upward expectations.
Dogecoin recommendation: Position around 0.22-0.23 for a long position
Target to look at around 0.25-0.27 near $DOGE
