Sentiment: Bullish
DOGE is showing extreme oversold conditions with RSI plunging to 15.98, a level rarely seen even in crypto’s volatile markets. The meme coin currently trades at $0.191, down 1.4% over 24 hours despite healthy volume of $289 million. Technical positioning reveals DOGE trading below both its 20-day SMA ($0.197) and 50-day SMA ($0.198), indicating sustained bearish pressure. However, the extreme RSI reading combined with elevated volatility above 4% suggests we’re approaching a potential reversal zone. For traders, this presents a high-risk opportunity – consider scaling into long positions with tight stops below $0.185, targeting a mean reversion bounce toward the $0.195-0.198 resistance cluster. Position sizing should remain conservative given DOGE’s meme stock characteristics and overall market uncertainty. Watch for volume confirmation on any upward moves.
Key Metrics
| Price | 0.1911 USDT |
| 24h Change | -1.42% |
| 24h Volume | 288939724.15 |
| RSI(14) | 15.98 |
| SMA20 / SMA50 | 0.20 / 0.20 |
| Daily Volatility | 4.43% |
Dogecoin — 1h candles, 7D window (SMA20/SMA50, RSI).
