Markets· ★★· bearish·

Dogecoin drops 2.78% to $0.0822 on volume 40% below average

  • —DOGE fell 2.78% to $0.08218, below the $0.08457 open
  • —Price sits under the 7-, 15-, 30-, 50- and 200-day SMAs and 2.43% below VWAP
  • —Volume of $688.2M is 40.35% below the 30-day average
  • —RSI at 39.1 and a bearish MACD signal weak momentum; derivatives data unavailable
Why it matters: DOGE's slide on thin volume and no catalyst does not confirm capitulation — traders may wait for a reclaim of the $0.0859 SMA-7.
Source: DiarioBitcoin