🚨 DOGE/USDT Price Update – Is This the Bounce We've Been Waiting For?
Dogecoin (DOGE) just dipped to a 24h low of $0.23050, marking a -10.20% drop in a single day. However, it's now trading at $0.24038, showing early signs of recovery. The 15-minute chart reveals that price is climbing back above the 7-day MA ($0.23868) and approaching the 25 MA ($0.24067). With the RSI (6) at 55.85, the market is exiting oversold territory, hinting at potential bullish momentum. Volume has spiked sharply, suggesting increased buyer interest at the dip. But with the 99 MA still overhead at $0.25473, the trend remains uncertain.
📊 Over the past 30 days, DOGE is up 53.77%, and 84.04% over the year, showing strong long-term resilience despite recent volatility. If the price breaks above $0.246 with strong volume, we could see a short-term breakout. However, failure to sustain this level may push DOGE back toward its support zone around $0.2305. Traders are advised to watch the chart closely and manage risk effectively. 💬 Are you buying this dip or waiting for confirmation? Let’s discuss it below!
🔗 #DOGE #BinanceSquare #Dogecoin #TechnicalAnalysis #PriceUpdate $DOGE $BTC $PEPE