Dogecoin (
$DOGE ) Price Analysis: Analyst Predicts a Bounce
Dogecoin is slowly drifting into a support area that actually matters. The trend is still weak, but price is stretched enough that a quick bounce wouldn’t be surprising.
$DOGE is hovering around $0.09, a zone where traders usually stop ignoring the chart. On the higher timeframe, $0.054 stands out as the major downside support if this level fails.
On-chain activity is starting to wake up again — active addresses and transfers are rising, which often happens near decision zones. That doesn’t guarantee a reversal, but it does suggest positioning is heating up.
RSI is deeply oversold, bounces keep getting sold under key averages, and momentum is still heavy. If
$DOGE can reclaim $0.094, a move toward $0.11–$0.12 is possible. If not, downside toward the $0.07 area stays on the table.
Quiet, tense market. This is where DOGE usually makes a choice.
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