Dogecoin falls 3.29% to test support at $0.0759
- —DOGE trades below its SMA-5, SMA-20 and SMA-200, with MACD still bearish
- —Daily volume of $721.8 million is 27.62% below the 30-day average
- —RSI at 37.2 and stochastic at 21.4 show weakness without a reversal signal
- —Nearest Fibonacci support sits at $0.0759
Why it matters: Thin volume and a bearish structure keep the risk of a slide toward $0.0759 alive; a reversal needs a reclaim of the $0.0796 VWAP.
Source: DiarioBitcoin