Dogecoin is sitting deep in oversold territory — and spot traders are watching one level.
$DOGE ~$0.0642, down -2.5% in 24h and -38% from its September high near $0.105. RSI is at 26 — deep oversold — after DOGE slipped under the $0.064 support that had held for weeks.
Levels to watch:
Support: $0.06, then $0.0575
Resistance: $0.065, then $0.07
$7.7M in DOGE longs were liquidated in 24h, and the wider market isn't helping — $BTC ~$68,300 (-3.9%) with $1.29B liquidated across crypto in the last day.
Verdict: oversold bounces can be sharp, but DOGE needs a daily close back above $0.065 first. Lose $0.06 and the next stop is $0.0575.
Not financial advice. DYOR.
#Dogecoin #Crypto #Altcoins
$DOGE ~$0.0642, down -2.5% in 24h and -38% from its September high near $0.105. RSI is at 26 — deep oversold — after DOGE slipped under the $0.064 support that had held for weeks.
Levels to watch:
Support: $0.06, then $0.0575
Resistance: $0.065, then $0.07
$7.7M in DOGE longs were liquidated in 24h, and the wider market isn't helping — $BTC ~$68,300 (-3.9%) with $1.29B liquidated across crypto in the last day.
Verdict: oversold bounces can be sharp, but DOGE needs a daily close back above $0.065 first. Lose $0.06 and the next stop is $0.0575.
Not financial advice. DYOR.
#Dogecoin #Crypto #Altcoins