The recent price movements of Dogecoin (DOGE) have shown both positive gains and potential warning signs. The BBTrend indicator has surged to its highest level since May 2024, indicating significant bullish momentum. However, the BBTrend has also started to dip slightly, raising concerns about potential exhaustion. The ADX indicator suggests that while the trend still holds some strength, DOGE price could be starting to lose momentum. The EMA lines initially signaled a strong uptrend but the short-term EMA has started to decline, indicating a potential slowdown in momentum. DOGE has struggled to break through key resistance levels and if the weakening trend continues, a reversal could be on the horizon.



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