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$DOGE /USDT – 1H Chart Analysis
Current Price: $0.10822 (-1.91%)
Key Levels
· Resistance: $0.10944 / $0.11012 / $0.11128
· Support: $0.10664 / $0.10549
Moving Averages (Bearish)
· EMA5: $0.10836
· EMA10: $0.10853
· EMA30: $0.10888
Price is trading below all three EMAs, indicating weakness.
RSI (Oversold Approaching)
· RSI(6): 31.57 (near oversold)
· RSI(12): 38.21
· RSI(24): 43.76
Outlook
DOGE is in a downtrend on 1H. Price failed to hold above EMAs and is drifting lower.
RSI(6) at 31.57 suggests selling pressure is high but not extreme yet.
A bounce from here could test $0.10888–$0.10944.
Break below $0.10664 may push toward $0.10549.
Bias: Bearish. Wait for RSI(6) to hit 30 or below for potential bounce.
#MayTokenUnlockWave