$DOGE HITS OVERSOLD RSI NOT SEEN SINCE EARLY YEAR 📉
Body:
Dogecoin is sitting at $0.072 with the daily RSI at 22.67 — that's the kind of extreme oversold reading that usually precedes a bounce when volume kicks in. Open interest dropped to $959M as leveraged traders got washed out, which often cleans the slate for a reversal.
The support zone at $0.072 is being tested for the third time this month, and the MACD histogram is flattening, signaling the selling pressure is fading. If buyers step in here, July could see a grind toward $0.080–$0.085.
Are you buying this dip or waiting for a sweep below $0.072?
Not financial advice. Always manage your risk.
#DOGE #Oversold #Crypto #MemeCoin #JulyOutlook
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Body:
Dogecoin is sitting at $0.072 with the daily RSI at 22.67 — that's the kind of extreme oversold reading that usually precedes a bounce when volume kicks in. Open interest dropped to $959M as leveraged traders got washed out, which often cleans the slate for a reversal.
The support zone at $0.072 is being tested for the third time this month, and the MACD histogram is flattening, signaling the selling pressure is fading. If buyers step in here, July could see a grind toward $0.080–$0.085.
Are you buying this dip or waiting for a sweep below $0.072?
Not financial advice. Always manage your risk.
#DOGE #Oversold #Crypto #MemeCoin #JulyOutlook
⚡