DOGE is currently trading at $0.16089, showing slight weakness with a 1.79% daily drop. The RSI indicates overbought conditions, suggesting caution for new buyers. Recent price action shows support near $0.155 and resistance around $0.165.
Current Market Position
DOGE is trading slightly below its 20-day average ($0.15896) but above recent support levels. The high RSI (70.57) suggests the asset may be overbought, which often precedes a price correction.
Support and Resistance Levels
Key support sits around $0.155 (recent local_min), while resistance is near $0.165 (recent local_max). These levels help identify potential entry and exit points for trades.
Trading Recommendation
Given the overbought RSI and recent price decline, it’s better to wait for a pullback to support levels before considering new positions. Current holders might consider taking profits near resistance.
Beginner Recommendations
Advice: hold
Buy Price: 0.155 USDT
Sell Price: 0.165 USDT
Key metrics
| Price | 0.1609 USDT |
| 24h Change | -1.79% |
| RSI(14) | 70.57 |
| SMA20 / SMA50 | 0.16 / 0.16 |
| Daily Volatility | 4.15% |
| 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.
