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HomeCoinsDogecoinDogecoin price analysis (Neutral) — 0.16 USDT (-4.76% 24h)

Dogecoin price analysis (Neutral) — 0.16 USDT (-4.76% 24h)

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Market Insight — DOGEUSDT
Sentiment: Neutral

DOGEUSDT is showing signs of consolidation after a 4.76% decline over the past 24 hours, currently trading at $0.1646. The meme coin finds itself in technically oversold territory with an RSI reading of 37.75, suggesting potential for a near-term bounce. However, the price remains below both the 20-day SMA ($0.1687) and 50-day SMA ($0.1764), indicating persistent bearish pressure in the medium term. Trading volume remains substantial at over $402 million, though this hasn’t translated into upward momentum yet. The elevated volatility reading of 4.73% suggests traders should brace for continued price swings. For active traders, consider scaling into long positions near current levels with tight stops below $0.16, targeting a retest of the 20-day SMA. More conservative investors might wait for a confirmed break above $0.17 before entering, as the broader trend remains cautious despite oversold conditions.

Key Metrics

Price 0.1646 USDT
24h Change -4.76%
24h Volume 402301841.39
RSI(14) 37.75
SMA20 / SMA50 0.17 / 0.18
Daily Volatility 4.73%

Dogecoin — 1h candles, 7D window (SMA20/SMA50, RSI).

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