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The Tamadoge market continues to recover from its previous downturn. The price has been rebounding from the strong support level at $0.0004000. Currently, the market has surpassed a key technical level and is positioned to advance further.
Key TAMA Statistics: May 6, 2025
TAMA Price: $0.0004301
Market Capitalization: $643.21K
Circulating Supply: 1B
Total Supply: 1.41B
CoinMarketCap Rank: 2123
Key Price Levels
Resistance: $0.0004500, $0.0005000, $0.0005500
Support: $0.0004000, $0.0003500, $0.0003000
Tamadoge Bulls Maintain a Strong Presence
On the Tamadoge 4-hour chart, price action has shown a strong upward rebound in the previous session, pushing the token above the $0.0004300 level. However, the price now appears to be encountering resistance, as the most recent candle indicates minimal upward movement.
Despite this, the token continues to trade above the middle band of the Bollinger Bands (BB) indicator. Additionally, the Moving Average Convergence Divergence (MACD) lines are trending upward following a bullish crossover. The MACD histogram also remains solid green, reinforcing the strength of the ongoing bullish trend.
TAMA/USDT Remains Positive Despite Potential Resistance
In the hourly chart, Tamadoge appears to be consolidating near the upper band of the Bollinger Bands indicator. Since the previous session, price movement has been relatively narrow. The last two candlesticks appear faint and slightly indecisive but remain close to the upper band.
Similarly, the MACD indicator continues to trend upward toward the equilibrium level, with its histogram bars staying above it. This suggests that the market still has the momentum to challenge the $0.0004500 resistance and potentially advance toward the $0.0005000 level.
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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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