$DOGE at $0.1031 is not bullish. It’s late.
Up 2.84% today, but the move is running on fumes: 4h RSI is 76, volume is only 0.3x its 20d average, and longs are paying 0.010% funding. That’s not strength. That’s crowded optimism. 🧨
Yes, price sits above the 20d and 50d MAs, with $203.87M traded, and it’s just 3% under the 30d high. I still wouldn’t chase it. At $0.11, I’d trim or wait for the reset.
$ETH can rally on real liquidity. DOGE needs the crowd to keep believing. Different engine. 🐕📉
#Dogecoin
#Memecoins
Up 2.84% today, but the move is running on fumes: 4h RSI is 76, volume is only 0.3x its 20d average, and longs are paying 0.010% funding. That’s not strength. That’s crowded optimism. 🧨
Yes, price sits above the 20d and 50d MAs, with $203.87M traded, and it’s just 3% under the 30d high. I still wouldn’t chase it. At $0.11, I’d trim or wait for the reset.
$ETH can rally on real liquidity. DOGE needs the crowd to keep believing. Different engine. 🐕📉
#Dogecoin
#Memecoins