I expect DOGE goes down to 0.1580-0.1590 and bounce back. It is my assumption not a financial advice!
Current RSI Overview:
1-Hour RSI: Around 25-27, deep in the oversold zone.
4-Hour RSI: Below 10, extremely oversold, suggesting a potential bounce.
Daily RSI: Around 32-33, approaching oversold territory but not yet fully there.
Likelihood of a Drop Below $0.165:
Moderate Probability (~30-40%) – While RSI suggests a bounce is likely, there’s still a possibility of a quick dip to test stronger support below.
Higher Bounce Probability (~60-70%) – Given the oversold conditions and approaching support, a bounce toward the $0.172-$0.175 range is more likely in the short term.
Current RSI Overview:
1-Hour RSI: Around 25-27, deep in the oversold zone.
4-Hour RSI: Below 10, extremely oversold, suggesting a potential bounce.
Daily RSI: Around 32-33, approaching oversold territory but not yet fully there.
Likelihood of a Drop Below $0.165:
Moderate Probability (~30-40%) – While RSI suggests a bounce is likely, there’s still a possibility of a quick dip to test stronger support below.
Higher Bounce Probability (~60-70%) – Given the oversold conditions and approaching support, a bounce toward the $0.172-$0.175 range is more likely in the short term.
Trade attivo
We should wait to brake $0.17300 to go higher. If not we will see downtrend coming again to retest $0.15500 range.
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.