Critical Level Alert on $DOGE: What Needs to Happen Before Next Leg
DOGE is under heavy pressure right now at $0.06716, trading below both the 20-hour moving average at $0.06783 and the 50-hour moving average at $0.06811. With the 14-period RSI sitting right at 30, we are deep in oversold territory, but that does not mean a reversal is guaranteed. Sellers are still firmly in control, and until we see volume step back in above that 20 SMA, any relief bounce remains vulnerable to a sharp rejection. Meanwhile, FET is lurking near $0.1474 with a 32.4 RSI, showing similar sluggish momentum across the board.
Torn between taking a scalp long here or waiting for the 4H candle close. What would you do?
$DOGE $FET #Bitcoin #CryptoMarket #TradingView
DOGE is under heavy pressure right now at $0.06716, trading below both the 20-hour moving average at $0.06783 and the 50-hour moving average at $0.06811. With the 14-period RSI sitting right at 30, we are deep in oversold territory, but that does not mean a reversal is guaranteed. Sellers are still firmly in control, and until we see volume step back in above that 20 SMA, any relief bounce remains vulnerable to a sharp rejection. Meanwhile, FET is lurking near $0.1474 with a 32.4 RSI, showing similar sluggish momentum across the board.
Torn between taking a scalp long here or waiting for the 4H candle close. What would you do?
$DOGE $FET #Bitcoin #CryptoMarket #TradingView
