Doge Analysis, August 17, 2025
Doge on the M15 timeframe: From the price action perspective, it appears that the price moved sideways with a gradual upward trend before finally continuing its sharp rise. This surge indicates that buyers are gaining confidence and are able to dominate the market. Currently, the price is above the moving average, indicating a trend reversal from bearish to bullish. This condition is reinforced by the presence of a demand area marked by the green block, which currently serves as an important support level. As long as this green area can withstand the price decline, the opportunity for further upside will remain. We can try to buy if the price corrects to the green area I marked, with a stop-loss at 0.22747 and a take-profit at 0.23584.