🚨 $DOGE /USDT – Oversold or About to Dump Further? 🔥🐕
$DOGE is sliding hard—currently at $0.16500, down 4.17%, and testing a critical support zone. Is this the bottom or just another leg down? Let’s break it down! 👇
📊 Market Overview
📍 Current Price: $0.16500
📈 24h High: $0.17238
❄️ 24h Low: $0.16392
📊 Parabolic SAR: Above price – Downtrend still active
📉 MACD Momentum: Weak and fading (bearish bias)
📈 RSI(6): 26.01 – Deep in oversold territory!
📈 DOGE Trade Setup – Key Levels to Watch
🔹 Bullish Scenario (If DOGE Holds Above $0.1639):
Entry: $0.16700+ (wait for confirmation)
Targets: $0.17520, $0.18160, $0.18790
Stop-Loss: $0.16190
🔹 Bearish Scenario (If DOGE Falls Below $0.1620):
Entry: Below $0.16200
Targets: $0.15500, $0.14900, $0.14000
Stop-Loss: $0.16700
🔍 What’s the Market Saying?
✅ RSI at 26 = Sign of possible reversal or relief bounce
✅ MA(7), MA(25), MA(99) are all above price = Downward pressure persists
✅ Heavy volume (784M DOGE, $132M USDT) = Traders watching closely
💡 Pro Tip:
🚀 Reclaiming $0.1685+ with strong volume could signal short-term upside
⚠️ Failure to hold $0.1620 may trigger accelerated sell-off toward $0.15
📢 Are you loading up on the dip or sitting this one out? Let us know below! 👇
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