Sentiment: Bullish
DOGE/USDT is showing intriguing technical signals at the current $0.248 level. The meme coin has gained 0.84% over the past 24 hours despite trading below both its 20-day SMA ($0.254) and 50-day SMA ($0.253), suggesting potential oversold conditions. The extremely low RSI reading of 22.95 indicates DOGE is deeply oversold, typically preceding a technical bounce. Trading volume remains robust at $323 million, providing adequate liquidity for position entries. The 3.64% volatility reading suggests moderate price swings are expected. For traders, current levels present a potential accumulation opportunity with tight stop losses below $0.245. Resistance awaits at the $0.253-0.254 SMA confluence zone, while a break above could target $0.260. Given the oversold technicals and solid volume profile, risk-reward favors long positions for a mean reversion play toward the moving average resistance cluster.
Key Metrics
| Price | 0.2480 USDT |
| 24h Change | 0.84% |
| 24h Volume | 322913286.06 |
| RSI(14) | 22.95 |
| SMA20 / SMA50 | 0.25 / 0.25 |
| Daily Volatility | 3.64% |
Dogecoin — 1h candles, 7D window (SMA20/SMA50, RSI).
