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$DOGE /USDT 1D Analysis ๐ถ๐ฅ
Current Price: $0.10129 | +1.95% ๐ข
DOGE swept a major low at $0.08002 and is now reclaiming ground! The longer-term chart from ATH $0.30674 tells the full story of this extended correction but tides may be turning.
๐ Bollinger Bands (20,2): Price hugging the Lower Band (LB: 0.08722) for weeks, now reclaiming the BOLL midline (0.10051). This squeeze breakout hints at momentum building.
๐ RSI(6): 51.41 | RSI(12): 45.57 | RSI(24): 42.46 Multi-timeframe RSI divergence suggests selling pressure is exhausting. Recovery phase loading...
๐ Volume: Recent uptick in volume while price stabilizes near lows classic accumulation behavior. ๐
Bottom Line: The prolonged downtrend from macro highs driven by market-wide selling appears to be losing steam. Price structure near key support signals a potential trend reversal.
The best moments often hide in plain sight for those paying attention. ๐
#DOGE #GateIO #CryptoAnalysis #Altcoins #ELONMUSK