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Upside momentum remains strong, driving the market through multiple resistance levels in recent sessions. However, while the strong bullish correction has triggered some profit-taking, upside forces remain resilient enough to sustain gains throughout recent sessions.
Key TAMA Statistics on February 18, 2025:
TAMA Price: $0.001095
Tamadoge Market Capitalization: $1.04M
TAMA Circulating Supply: 1B
Tamadoge Total Supply: 1.41B
Tamadoge CoinMarketCap Rank: 1
Key Price Levels:
Resistance: $0.001200, $0.001400, $0.001600
Support: $0.001000, $0.000900, $0.000700
TAMA/USDT Sets Sail Toward Higher Price Levels
Price action in the Tamadoge market has been retracing higher ground strongly. As mentioned, the price movement has surged through multiple resistance levels in a single session.
While the market has faced some contractions, the token continues to trade above all Moving Average (MA) lines. Likewise, the Stochastic RSI lines have just delivered an upside crossover below the 80 level. The indicator’s lines continue trending upward following this crossover. Therefore, this market still has the potential to climb higher.
Tamadoge Bulls Hold Bears at Bay
On the hourly chart, price action in the TAMA/USDT market remains above the MA lines, mirroring similar activity in the ongoing 4-hour chart. Interestingly, the most recent price candle is red, yet the price remained steady at the close of the previous session. This technically suggests a stabilizing effect.
Additionally, all MA lines are closely converging beneath price action. This indicates that bullish sentiment could strengthen if these lines begin crossing each other. Therefore, traders may witness price action progressing toward the $0.001200 and $0.001400 levels shortly. Additionally, you can still climb higher on the weekly leaderboards and stack up on $TAMA rewards as you battle your way to the top!
https://x.com/Tamadogecoin/status/1834598433065177476
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