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Upside momentum in the Tamadoge market appears to have solidified a strong support level at the $0.005650 mark. At this juncture, traders can anticipate potential profit-taking opportunities as price activity signals a significant rebound in the upward direction.
Key Tamadoge Statistics on February 25, 2024:
TAMA’s Price: $0.005660
Tamadoge Market Capitalization: $7,836,009
Tamadoge’s Circulating Supply: 1,393,353,219
TAMA’s Total Supply: 1,417,967,396
Tamadoge’s Rank on CoinMarketCap: 1043
Key Price Levels:
Resistance: $0.005660, $0.005700, and $0.005800
Support: $0.005600, $0.005500, and $0.005400
Tamadoge Maintains Strong Bullish Characteristics
Buyers have regrouped at support levels above $0.005600 in the TAMAUSDT 4-hour market, indicating a minimal correction but affirming buyer participation in the market. Meanwhile, the Moving Average Convergence Divergence (MACD) indicator lines are converging below the equilibrium level, with pale red bars appearing below the equilibrium level.
The ongoing session has reoriented the market toward the Guppy Multiple Moving Average (GMMA) curves, suggesting a potential increase in bullish sentiment and upward price movement as conviction strengthens. This implies that more bullish crypto signals may soon be triggered in this market
TAMAUSDT Buyers Will Get More Confident
In the Tamadoge 1-hour market, price action is observed climbing through the GMMA indicator lines, with the ongoing session occurring above three out of the five curves of the green GMMA lines.
Meanwhile, the MACD lines are moving sideways below the equilibrium level, indicating that upside forces may require a slight stimulus to become activated in this market. Consequently, further upward traction is anticipated, potentially pushing prices towards the $0.005800 mark. In addition, you can experience the Tamaverse revolution, now accessible on @0xPolygon!
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📱 Android: https://t.co/INCaGendE4
📱 iOS: https://t.co/Fj9tT5Oicu pic.twitter.com/hUw4FX4sag— TAMADOGE (@Tamadogecoin) February 9, 2024
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