Price: $0.17075 | ₹14.46 (+1.07%)
Timeframe: 1H chart
Technical Analysis:
24H High: $0.17445
24H Low: $0.16702
Current RSI (6): 29.15 → Oversold zone, potential for short-term bounce
Volume Spike: Sharp increase in red volume candle suggests profit booking.
Support Zone:
Primary: $0.16800 – $0.16550
Stronger Support: $0.16400
Resistance Zone:
Immediate: $0.17450
Stronger: $0.17700
Trend Outlook:
After hitting resistance near $0.174, DOGE faced a pullback. The current RSI and volume behavior hint at possible short-term consolidation or a dip to support near $0.168. A bounce from this level could retest $0.174+ in the next few days if market sentiment remains positive.
Weekly Prediction:
Bullish Scenario: If DOGE holds above $0.168 and BTC remains stable, it could push towards $0.177 by weekend.
Bearish Scenario: A break below $0.165 could bring DOGE back to $0.162 - $0.160 range.
Latest Update:
Memecoin sentiment stays strong as BONK rallies 60% this week. DOGE is showing signs of accumulation after correction. Eyes on upcoming $BTC and $ETH movement for direction cues.
