#SaylorBTCPurchase DOGS/USDT Oversold – Reversal Incoming or More Pain?

Body: DOGS/USDT is down 17.32% today, currently trading at 0.0001995 after a sharp drop from 0.0002176. However, a potential short-term bounce could be forming:

Key Observations:

RSI (6): At 22.94 – deep in oversold territory, suggesting exhaustion in selling.

Stoch RSI: Crossing upward, hinting at a possible bullish momentum shift.

Bollinger Bands: Price touched the lower band at 0.0001974 and is now slightly bouncing — a typical setup for a mean reversion.

MACD: Still bearish but showing signs of flattening — keep an eye on a potential crossover.

Scenarios:

Bullish Bounce Target: 0.0002087 (Bollinger midline)

Breakdown Risk: Watch if 0.0001960 breaks — more downside may follow.

DOGS could be prepping for a small relief rally, but risk management is key. Use tight SL if scalping.

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