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Steadily, the Tamadoge market continues to find stronger and higher support levels. This suggests that another notable upward retracement may occur soon. Although the ongoing session has shown limited gains, there is potential for more substantial upward movement in the sessions ahead.
Key TAMA Statistics on May 1, 2025
TAMA Price: $0.0004322
Market Capitalization: $607.57K
Circulating Supply: 1B
Total Supply: 1.41B
CoinMarketCap Rank: 2132
Key Price Levels
Resistance: $0.0004500, $0.0005000, $0.0005500
Support: $0.0004000, $0.0003500, $0.0003000
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Tamadoge Market Seems to Be Coiling Up
The TAMA/USDT pair is trading above the $0.0004300 level, and price action suggests that a strong consolidation is underway. The latest price candle for the ongoing session appears red and dash-shaped, indicating indecision and low volatility.
It also remains below all the Moving Average (MA) lines. Similarly, the Moving Average Convergence Divergence (MACD) lines are descending below the equilibrium level. However, the histogram bars are now pale red, hinting at a decline in bearish momentum. This development suggests that bullish pressure may soon take the lead.
.0004300" width="1436" height="606" data-lazy-src="https://learn2.trade/wp-content/uploads/2025/05/TAMAUSDT_2025-05-01_10-57-51.png"/>
TAMA/USDT Continues to Consolidate
On the 1-hour chart, the Tamadoge market appears contracted in most recent sessions, suggesting that traders may be waiting for a breakout. The most recent candle is also dash-shaped, reinforcing the theme of indecision.
The MACD indicator remains below the equilibrium line but the lines have now merged, indicating a possible crossover. This technical setup supports the possibility of an imminent upward move toward the $0.0004700 price level. In addition, you can still climb higher on the weekly leaderboards and stack up $TAMA rewards as you battle your way to the top!
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📱 Android: https://t.co/D4TjX7gTFl
📱 iOS: https://t.co/0fjJapf5oA pic.twitter.com/6MCruiKcet— TAMADOGE (@Tamadogecoin) September 13, 2024
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