Attention, crypto fans! 💰 Could the drop of Dogecoin to USD 0.21 unlock a surprising rebound, or is there still deeper pain awaiting holders this week? 📉
If you live glued to the charts, you know that Monday was a downturn for the crypto market. And our beloved Dogecoin did not escape the plunge, falling 5.81% in a single day. 😱 Moreover, this drop felt even stronger because Bitcoin slipped below $112,000, dragging all altcoins with it.
Experts are keeping a close eye and the indicators do not lie. The RSI (Relative Strength Index) and the OBV (On-Balance Volume) are screaming that sellers are in control. There is a bearish pressure that does not stop! 📉 Dogecoin has not been able to stay above the level of $0.224, which is a bad omen.
So, what’s coming next? Analysts believe it is very likely that Dogecoin will touch the $0.21 zone again. Last week, this area acted as a springboard for a bounce, but the bounce ran out of steam and couldn't break the $0.24 barrier.
Now, the liquidation heat maps show that the next key point is at $0.207. If buyers don’t step up and come back, this could just be the beginning of a stronger drop.
Would you bet on a bounce or are you preparing for a hard landing? The future of Dogecoin may depend on whether the price finds a solid base in that crucial zone. So, let's stay alert to every movement. This is just the beginning!$DOGE
