đś The entire meme coin sector is waking up in the red: $DOGE is trading at $0.0667 (â2.0% in 24 h) and is just 0.6% above its 20-day low ($0.06632).
đ Today's data (Binance):
⢠DOGE: $29.5M in 24 h volume, daily RSI at 30.2 (on the verge of being oversold), and â5.1% in 6 days
⢠$PEPE leads the meme coin declines at â11.0% ($0.00000443) with $69.4M in volume; its futures funding rate remains negative (â0.006%) and open interest is down 3.3%
⢠The rest of the group is also falling: $BONK â6.0% ($0.00000266), SHIB â2.7%, FLOKI â2.2%, and WIF â2.2%
đ DOGE levels on the 4 h chart:
⢠Key support: $0.06632 (the low of the last 20 candles on the 4 h and daily charts)
⢠Resistance: $0.06875 (20 EMA) and $0.07078 (50 EMA)
⢠DOGE futures funding is slightly positive (+0.002%) and open interest is up 2.3%
⥠Risk: DOGE's daily ATR is 5.5%, while PEPE's has risen to 10.7%, compared with BTC at 3.1%.
Will DOGE defend $0.0663, or will we see a new monthly low? đ
#DOGE #PEPE #Memecoin #Cripto #Tra100d
â ď¸ For informational and educational purposes only; this is not financial advice. Cryptocurrencies are volatile: do your own research and trade with caution.
đ Today's data (Binance):
⢠DOGE: $29.5M in 24 h volume, daily RSI at 30.2 (on the verge of being oversold), and â5.1% in 6 days
⢠$PEPE leads the meme coin declines at â11.0% ($0.00000443) with $69.4M in volume; its futures funding rate remains negative (â0.006%) and open interest is down 3.3%
⢠The rest of the group is also falling: $BONK â6.0% ($0.00000266), SHIB â2.7%, FLOKI â2.2%, and WIF â2.2%
đ DOGE levels on the 4 h chart:
⢠Key support: $0.06632 (the low of the last 20 candles on the 4 h and daily charts)
⢠Resistance: $0.06875 (20 EMA) and $0.07078 (50 EMA)
⢠DOGE futures funding is slightly positive (+0.002%) and open interest is up 2.3%
⥠Risk: DOGE's daily ATR is 5.5%, while PEPE's has risen to 10.7%, compared with BTC at 3.1%.
Will DOGE defend $0.0663, or will we see a new monthly low? đ
#DOGE #PEPE #Memecoin #Cripto #Tra100d
â ď¸ For informational and educational purposes only; this is not financial advice. Cryptocurrencies are volatile: do your own research and trade with caution.
