DOGE is oversold, but it has not reclaimed support yet. 🐕
Price is around $0.07868, sitting below the $0.08177-$0.08327 demand zone.
1. THE REALITY
DOGE is below EMA20, EMA50, and EMA200, so the broader trend is still bearish.
RSI is 27.4 and Stochastic is 6.1, which means the move is stretched, but oversold alone is not a reversal.
2. THE SETUP
The first job for bulls is simple:
Reclaim $0.08177.
If DOGE gets back above that level, the next recovery zone is $0.08300-$0.08347, then $0.08504.
If it fails, the bounce remains weak and sellers stay in control.
3. MY VERDICT
No clean long until DOGE reclaims $0.08177.
Below that, it is still an oversold bearish chart.
Would you buy the oversold dip, or wait for DOGE to reclaim $0.08177 first?
Price is around $0.07868, sitting below the $0.08177-$0.08327 demand zone.
1. THE REALITY
DOGE is below EMA20, EMA50, and EMA200, so the broader trend is still bearish.
RSI is 27.4 and Stochastic is 6.1, which means the move is stretched, but oversold alone is not a reversal.
2. THE SETUP
The first job for bulls is simple:
Reclaim $0.08177.
If DOGE gets back above that level, the next recovery zone is $0.08300-$0.08347, then $0.08504.
If it fails, the bounce remains weak and sellers stay in control.
3. MY VERDICT
No clean long until DOGE reclaims $0.08177.
Below that, it is still an oversold bearish chart.
Would you buy the oversold dip, or wait for DOGE to reclaim $0.08177 first?
Disclaimer: Personal analysis only. Not financial advice. DYOR.
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Join the free Telegram channel
💎 Telegram Channel: t.me/MonoCoin_Public
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🔔 Bot: t.me/MonoCoinSignal_Bot?start=starter_tv
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관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.