$DOGE IS HOLDING A CRITICAL SUPPORT ZONE AT $0.07-$0.08 🔥
Body:
Dogecoin is trading at $0.0737 after a prolonged decline, now 22.8% below its 100-day SMA. The daily RSI has dropped to 23.55 — deeply oversold — and the chart shows ten bullish divergences, indicating selling momentum is fading despite lower lows.
The $0.07–$0.08 zone has historically been a strong defense level. If it holds, a recovery toward $0.08 and the 100-day MA at $0.0954 becomes viable. A supply reduction proposal and potential ETF approvals add to the narrative, but the broader trend remains bearish until those levels break.
Are you buying this support or waiting for a clean sweep below $0.07?
Not financial advice. Always manage your risk.
#DOGE #SupportZone #Oversold #Crypto
🔥
Body:
Dogecoin is trading at $0.0737 after a prolonged decline, now 22.8% below its 100-day SMA. The daily RSI has dropped to 23.55 — deeply oversold — and the chart shows ten bullish divergences, indicating selling momentum is fading despite lower lows.
The $0.07–$0.08 zone has historically been a strong defense level. If it holds, a recovery toward $0.08 and the 100-day MA at $0.0954 becomes viable. A supply reduction proposal and potential ETF approvals add to the narrative, but the broader trend remains bearish until those levels break.
Are you buying this support or waiting for a clean sweep below $0.07?
Not financial advice. Always manage your risk.
#DOGE #SupportZone #Oversold #Crypto
🔥