Dogecoin /USDT is testing a critical support zone right now. While the 4H RSI around 25.9 suggests oversold conditions, weak market momentum can keep RSI depressed as price continues trending lower. That’s why many traders are watching this setup from the bearish side.

📉 Short Setup
Entry Zone:
$0.110235 – $0.110767
⛔ Stop Loss:
$0.113052
🎯 Targets:
• TP1: $0.108588
• TP2: $0.107312
• TP3: $0.105399
📊 Market Structure:
The 4H chart still shows dominant bearish momentum, while the 1H structure is starting to lose stability around the $0.1105 support pivot. With volatility compressed and ATR remaining low, a sharp expansion move could follow once support breaks decisively.
The main question is whether the oversold RSI triggers a short-term bounce or acts as a trap before another downside continuation. In stronger downtrends, oversold RSI signals often fail as repeated support tests weaken buyer strength and attract liquidity before the next move lower.
If sellers continue defending below the pivot zone, TP2 near $0.1073 could become the next downside target. However, a recovery above the stop-loss region would weaken the bearish outlook and raise the probability of a short squeeze.
⚠️ Waiting for confirmation on the breakdown is generally safer than trading based solely on RSI readings.
Dogecoin Price: $0.11137 (-3.65%)