Critical Level Alert on $DOGE: What Needs to Happen Before Next Leg
DOGE is sliding toward the $0.06360 daily low, currently changing hands at $0.06419 after a 4.55% drop. Price action remains heavily suppressed below both the 20-hour moving average at $0.06608 and the 50-hour moving average at $0.06724. With the 14-period RSI cooling down to 35, momentum favors the bears, though oversold conditions suggest a potential relief bounce could materialize if the immediate floor holds. Keep an eye on ONDO as well, hovering near $0.3374 with an RSI of 30.6 as broader altcoin weakness persists across the board.
Where is your target for this week: a relief bounce back toward resistance or lower lows?
$DOGE $ONDO #Bitcoin #CryptoMarket #TradingView
DOGE is sliding toward the $0.06360 daily low, currently changing hands at $0.06419 after a 4.55% drop. Price action remains heavily suppressed below both the 20-hour moving average at $0.06608 and the 50-hour moving average at $0.06724. With the 14-period RSI cooling down to 35, momentum favors the bears, though oversold conditions suggest a potential relief bounce could materialize if the immediate floor holds. Keep an eye on ONDO as well, hovering near $0.3374 with an RSI of 30.6 as broader altcoin weakness persists across the board.
Where is your target for this week: a relief bounce back toward resistance or lower lows?
$DOGE $ONDO #Bitcoin #CryptoMarket #TradingView
