DOGE is currently consolidating around 0.37076 USD, facing resistance at 0.36689 USD and a potential target at 0.39879 USD. The 50-day moving average at 0.37128 USD acts as a dynamic barrier, while 0.20570 USD provides longer-term support.
Recent data shows 1.55 million daily active addresses in November, signaling significant smart money accumulation. This increase in network activity supports the notion that DOGE could break out of its current range in the near future.
Key support levels are identified at 0.33015 USD and 0.28968 USD, suggesting a sturdy foundation for DOGE. Holding the 50-day moving average and breaking through the 0.40000 USD resistance will be crucial for a sustained upward movement.