Dogecoin price analysis (Neutral) — 0.29 USDT (+2.15% 24h)

DOGEUSDT is currently trading at $0.28977, showing a modest 2.15% gain over the past 24 hours. The price is hovering just below the 20-day SMA at $0.2906, indicating potential resistance at this level, while remaining above the 50-day SMA at $0.27996, which provides underlying support. The RSI reading of 44.37 suggests the asset is neither overbought nor oversold, leaving room for movement in either direction. With volatility at 4.26% and substantial 24-hour volume exceeding $1.17 billion, DOGE appears to be in a consolidation phase. Traders should watch for a decisive break above the 20-day SMA for bullish continuation toward $0.30, while a break below the 50-day SMA could signal a retest of lower supports. Position sizing should remain conservative given meme coin volatility.