Dogecoin price analysis (Bullish) — 0.20 USDT (+2.04% 24h)

DOGE is showing modest bullish momentum, trading at $0.198 with a 2.04% gain over the past 24 hours. The current price sits above both the 20-day SMA ($0.196) and 50-day SMA ($0.193), indicating underlying strength in the short to medium term. With an RSI of 56.45, DOGE remains in neutral territory with room for further upside before reaching overbought conditions. The 24-hour trading volume of $181 million suggests decent market participation, though not explosive. The 3.6% volatility reading indicates relatively stable price action for a meme coin. Traders should watch for a sustained break above the $0.20 psychological level, which could trigger further momentum. Support holds at the $0.195 SMA20 level, with stronger support at $0.193. Consider scaling into positions on pullbacks toward support levels, while setting stop losses below $0.190 for risk management.