Volume spikes during a decline suggest significant exhaustion in current selling.
$DOGE is currently at $0.08525, showing a 1.26% dip. While the last hourly volume hit 2.95x the 23-hour average, the price closed below the recent range low of $0.08555.
If buyers reclaim $0.08555, it could signal a stabilization attempt. Conversely, if the price fails to hold near this hourly close of $0.08504, the bearish momentum may persist.
Does the high volume on this pullback suggest a capitulation phase, or are you waiting for a clear reclaim of the $0.08555 level?
Tap $DOGE for the live chart. #DOGE #BinanceSquare
$DOGE is currently at $0.08525, showing a 1.26% dip. While the last hourly volume hit 2.95x the 23-hour average, the price closed below the recent range low of $0.08555.
If buyers reclaim $0.08555, it could signal a stabilization attempt. Conversely, if the price fails to hold near this hourly close of $0.08504, the bearish momentum may persist.
Does the high volume on this pullback suggest a capitulation phase, or are you waiting for a clear reclaim of the $0.08555 level?
Tap $DOGE for the live chart. #DOGE #BinanceSquare