Assessment of $DOGE - Opportunities & Risks
Assessment $DOGE - Opportunities & Risks
Opportunities:
1. Strong oversold signal:
RSI(6) = 17.71 (below 30), indicating that DOGE is in an extremely oversold zone, with potential for short-term recovery.
Price is below the Bollinger band (DN: 0.17418):** Usually signals that the price may adjust upwards towards the average (MB: 0.17537).
2. Impact from memecoins news:
The **60% increase of BONK** may stimulate positive sentiment for memecoins like DOGE.