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DOGEUSD surged nearly 100% following the footsteps of Bitcoin. It hit an intraday high of $0.25971 and is currently trading around $0.2462.
In the 4-hour chart, the pair is holding above short-term (34 and 55-day EMA) and long-term 200 EMA ($0.1879).
The bearish invalidation can happen if the pair closes above $0.070. On the lower side, the near-term support is $0.2150. Any close below targets $0.180/$0.140.
The immediate resistance stands at around $0.30. Any breach above confirms a minor pullback. A jump to $0.380/$0.490 is possible. A surge past $0.50 will take DOGE to $0.75.
It is good to buy on dips around $0.230 with SL around $0.178 for TP of $0.490.
