Dogecoin Trading Volume Plunges 49% to $607M in 24 Hours
- —DOGE 24-hour volume dropped 49% to $607 million
- —DOGE trades near $0.079, down for a fourth consecutive day
- —Daily RSI fell to 34, approaching oversold territory
- —Whales have added about 600 million DOGE near $0.081 since October 12
Why it matters: Falling volume and an oversold RSI hint at a possible local bottom, but a return of buyers is not yet confirmed.
Source: U.Today