đ DOGE Slumps to 3-Month Lows â Are Meme Coins Done?
âą Price Hits Multi-Month Low
Dogecoin has slid down toward historically weak levels as broader crypto markets pull back with Bitcoin and Ethereum under pressure. Meme coins are feeling the heat alongside tradables like BTC and ETH.
âą Technical Chart Tells Two Stories
Bearish in the short term, DOGE is trading in a falling wedge pattern â often a reversal signal. A key support around ~$0.095 is being tested; if held, a breakout could trigger strong upside (~+200% targets) from oversold conditions.
âą Wider Meme Coin Weakness
The drop isnât just DOGE â broader retail sentiment is risk-off, BTC weakness is dragging altcoins, and meme coin market cap has compressed sharply in recent months.
đĄ Expert Insight:
Low RSI and falling-wedge setups hint at a possible technical rebound, but that isnât the same as a confirmed bottom â traders remain cautious as sentiment stays bearish and meme coins lack strong fundamental drivers.
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