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Bulls in the Tamadoge market have defended the $0.0004100 price level. The market has managed to record some level of recovery following the downward correction that initially pushed the price to test this support. Let’s explore how this market may perform in the near term.
Key TAMA Statistics as of May 27, 2025
TAMA Price: $0.0004387
Market Capitalization: $700K
Circulating Supply: 1B
Total Supply: 1.41B
CoinMarketCap Rank: 2212
Key Price Levels
Resistance: $0.0004500, $0.0005000, $0.0005500
Support: $0.0004000, $0.0003500, $0.0003000
Tamadoge Recovers Toward the $0.0005000 Mark.
Since price activity tested support at the $0.0004100 level, the market has shown signs of recovery. The latest price candle suggests that price action is encountering resistance ahead. Although the candle remains bullish, its body appears slightly contracted, indicating reduced bullish momentum. Additionally, the candle remains below the middle line of the Bollinger Bands indicator.
Meanwhile, the lines of the Smoothed Rate of Change (SROC) indicator are above the equilibrium level, with the terminal line slightly projected upward. This suggests a steady upside retracement may be underway.
TAMA/USDT Bulls Coil Up
Examining the Tamadoge market on the hourly chart reveals that price activity appears ready for a further upward move. The Bollinger Bands have contracted significantly, indicating reduced volatility. Nevertheless, price action is currently testing the upper limit of the Bollinger Bands.
The most recent green candle resembles the one observed on the 4-hour chart, showing similar bullish characteristics. Likewise, the SROC indicator line is slightly turning upward toward the equilibrium level. All indicators suggest that the market is poised for further upward retracement toward the $0.0005000 resistance level. Additionally, you can still climb higher on the weekly leaderboards and stack up on $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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