DOGE is currently oversold with RSI below 30, suggesting potential for a bounce. Recent price decline shows support near $0.193, while resistance sits around $0.202.
Current Market Position
DOGE is trading at $0.19393, down 2.4% in 24 hours. The RSI of 24.5 indicates oversold conditions, which often precedes price recovery.
Support and Resistance Levels
Recent local lows around $0.193 provide strong support. Resistance appears near $0.202 where previous rallies have stalled.
Moving Average Analysis
Price is below both 20-day ($0.1966) and 50-day ($0.2000) SMAs, indicating short-term bearish momentum but potential for reversal.
Trading Strategy
Consider buying near support at $0.193 and selling near resistance at $0.202. Use stop-loss orders to manage risk.
Beginner Recommendations
Advice: buy
Buy Price: 0.193 USDT
Sell Price: 0.202 USDT
Key metrics
| Price | 0.1939 USDT |
| 24h Change | -2.40% |
| RSI(14) | 24.52 |
| SMA20 / SMA50 | 0.20 / 0.20 |
| Daily Volatility | 2.71% |
| Sentiment | Neutral |
| Risk level | Medium |
Disclaimer: this material is for educational purposes only and does not constitute financial advice. Cryptocurrencies are highly volatile; always assess your own risk, investment horizon, and do your own research.
