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🐶 Is it time to buy $DOGE ? Technical analysis shows a potential reversal signal
🔹 Current price: 0.18297 USDT
🔹 24-hour change percentage: +4.26%
🔹 Highest price in 24 hours: 0.18446
🔹 Lowest price: 0.17467
🔹 Huge trading volume: 804 million DOGE
🔹 RSI (6): at 25.41 – near oversold (strong speculative opportunity)
🔹 MACD: in negative momentum, but showing signs of slowing down
Technical analysis:
The price bounced from an important support area at 0.166, forming a temporary local bottom.
Bollinger Bands have started to narrow, indicating a potential strong movement ahead.
RSI is very low, a technical sign that the price may be close to a short-term bottom.
A green bounce candle appeared at support, which may indicate the beginning of an upward wave.
Suggested trading strategy:
✅ Entry point: 0.180 – 0.183
✅ Take profit targets (TP):
First target: 0.196
Second target: 0.212
Stop loss (SL): clear break below 0.168
Strategy:
Buy upon the appearance of a confirming green candle + RSI bounce from the oversold area + confirmation with break of MA10 on the 4-hour timeframe.
Summary:
Dogecoin is approaching ideal buying areas.
Trading volume is high and the bounce from support is clear.
Entering now may be a smart move for short- and medium-term speculators.
Don’t miss the opportunity and be the first to benefit from the potential reversal of DOGE