đš DOGE ALERT: Oversold Opportunity or Trap? Critical Levels to Watch! đđ
The market is bleeding red today, and $DOGE hasn't been spared. But before you panic sell (or blind buy), letâs look at what the charts are actually saying. đ§
đ The Technical Reality
The trend is undeniably Bearish right now, but we are hitting extreme territory.
RSI Alert: The Relative Strength Index is flashing OVERSOLD (<30) on the daily. Historically, when sellers get this exhausted, a short-term "relief bounce" often follows. đ
Momentum: MACD is still negative. The bears are currently in the driver's seat.
𧱠Key Levels (Save This!)
Don't trade blind. Watch these zones:
đŽ Resistance (The Ceiling): $0.156 - $0.160. We need to break and close above this to confirm a reversal. Until then, any pump is just a lower high.
đą Support (The Floor): $0.138 - $0.140. This is the "Line in the Sand." If we lose $0.138, the door opens to $0.12 fast. đ
đĄ The Strategy
Current Price Action = Falling Knife đȘ
Conservative Play: Wait. Don't FOMO. Wait for the price to reclaim $0.150 to confirm strength.
Aggressive Play: Watch for a scalp bounce at $0.140, but keep tight stop-losses.
đŁïž Community Pulse
The "Department of Government Efficiency" narrative has cooled off. We are moving on pure market correlation with BTC now.
What is your move, fam?
Are you:
A) Buying the dip aggressively? đïž
B) Waiting for lower prices ($0.12)? đ»
C) HODLing and ignoring the charts? đđ
Let me know in the comments! đ
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