$DOGE /USDT - Quick Analysis
Current State:
· Meme-driven & sentiment-based – price moves heavily on Elon Musk tweets, social media hype, and crypto market momentum.
· Low transaction fee – still used for small tips/payments, but not a major technical competitor to smart contract chains.
· High inflation – ~5 billion new DOGE minted yearly; steady supply increase can limit long-term price upside vs fixed-cap assets.
Key Levels (approx):
· Support: $0.12 - $0.14 (previous consolidation zone)
· Resistance: $0.18 - $0.20 (recent rejections, psychological level)
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DOGEUSDT
Prep
0.1261
-3.13%