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$DOGE /USDT – 1H Chart Analysis
Current Price: $0.11165 (-1.60%)
Key Levels
· Resistance: $0.11229 / $0.11465 / $0.11705
· Support: $0.11072 / $0.10993
Moving Averages (Bearish)
· EMA5: $0.11198
· EMA10: $0.11234
· EMA30: $0.11316
Price is trading below all three EMAs. Bearish structure confirmed.
RSI (Oversold)
· RSI(6): 25.76 (severely oversold)
· RSI(12): 36.78
· RSI(24): 43.79
Volume: 405.93M DOGE (moderate)
Outlook
DOGE is in a downtrend on 1H. RSI(6) at 25.76 indicates extreme oversold conditions. A short-term bounce is likely toward $0.11200–$0.11230. However, trend remains bearish unless price reclaims EMA30 at $0.11316. Support at $0.11072 must hold to avoid further downside toward $0.10993.
Bias: Bearish but oversold. Watch for bounce.
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